State Budget Cuts Pork

1 decade 2 years 5 months ago Monday, April 30 2007 Apr 30, 2007 Monday, April 30, 2007 2:31:16 PM CDT April 30, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
JEFFERSON CITY - Senate budget writers have decided to cut the pork from a state tax credit. A committee has invoked a rare state law to block a tax credit from going to a Columbia hot dog plant. The Kraft Foods plant uses the tax credit to offset its costs of recycling cellophane-like hot dog casings used in the manufacturing process. Republican Senator Luann Ridgeway of Smithville led the charge to halt the tax credit. She says tax credits should achieve broad policy goals, not help one company. A Kraft Foods spokeswoman says the tax credit has environmental benefits and helps the company be competitive.

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Columbia, MO
Broken Clouds 67°
2pm 67°
3pm 69°
4pm 70°
5pm 67°