Gov. Parson Signs Off on I-70 Expansion and $52B State Budget

Missouri Gov. Mike Parson on Friday signed a close to $52 billion state budget, which includes billions in funding to expand Interstate 70 but also cuts roughly $555 million in spending lawmakers wanted.

Explaining $555 million in cuts to the spending plan legislators passed in May, the Republican governor said the budget was close to $1.7 billion more than what he recommended in January.

“Missouri’s economy is strong,” Parson said in a statement. “Our revenues are up, businesses are growing and investing, and we maintain a historic revenue surplus, but we must not spend just for the sake of spending.”