Missouri Minute: Senators voice tariff opposition; MU nears fundraising target

Here are today’s top headlines from across Missouri:

McCaskill, Blunt back Senate resolution seeking more say on tariffs

U.S. Sens. Claire McCaskill and Roy Blunt of Missouri were among a bipartisan group of 88 senators Wednesday who voted to express disapproval of recent trade actions by the Trump administration. In an 88-11 vote, the Senate passed a non-binding resolution to give Congress more say in tariffs imposed in the name of national security. The symbolic motion followed Tuesday’s announcement that the administration is considering a new round of tariffs targeting $200 billion of Chinese goods. Read more

Parson expected to sign bill cutting income tax

Gov. Mike Parson is scheduled to sign a bill Thursday that will lower Missouri’s individual income tax rate. The rate will be reduced from 5.9 percent to 5.5 percent beginning Jan. 1. Under the bill, if the state meets particular revenue targets, the rate would be further reduced, in increments, to 5.1 percent. In exchange for the expected revenue loss, a federal income tax deduction will be phased out. Read more

MU nears fundraising campaign goal with record-breaking cash haul

The University of Missouri is more than 80 percent of the way to a $1.3 billion fundraising goal after receiving a record-breaking $147 million in cash gifts this year. MU has received about $1.06 billion in donations since launching the fundraising campaign in October 2015, the university announced Wednesday. The campaign runs through 2020. Read more

KCRise fund announces investment in startups PayIt, Main Street Data

KCRise has announced investment in two more Kansas City startups. PayIt and Main Street Data are the newest of the 14 technology companies included in the co-investment fund’s portfolio. Read more

Truman Medical Center plans new $70 million building for KC’s Hospital Hill

Citing growing patient demand, Kansas City’s Truman Medical Center is planning to add a new $70 million medical building to the city’s Hospital Hill corridor. Truman’s main hospital is frequently at capacity, the hospital’s president and CEO said, which is increasingly typical of academic medical centers in urban areas across the U.S. Read more

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