So imagine you’ve got a budget for home improvements. You’ve pared it down to the bare bones. You know exactly how much you can afford and you won’t spend any more than that. Now cut that budget in half. What things do you leave behind? And what are your top priorities?
This exact situation is happening to the Missouri Department of Transportation. With their budget being slashed to just about half, MoDOT is preparing to enter maintenance mode.
Missouri Senator Claire McCaskill, a Democrat, says that falling over the so-called fiscal cliff, the deep program cuts, and big tax increases set to hit January 1st wouldn’t be as dramatic as some people imagine.