GOVERNOR HOLDEN HOLDS UP FISCAL RED FLAGS

For years, this newspaper has editorialized that Missouri's top elected officials and its legislators have had tunnel vision when it comes to spending tax dollars. They are focused on spending more and more each year rather than looking for ways to economize and ease the burden on taxpayers.

The pace of state spending has been quickening. But Missouri's spending plans have hit some bumps, thanks to sizable miscalculations regarding some costly programs.

To the credit of Gov. Bob Holden, he has taken the lead in voicing the need for fiscal restraint in Jefferson City. Those are words that haven't been heard -- much less heeded -- for over a decade. To set an example, Holden announced he would set aside one of his own spending priorities: a financial incentive program for teachers who attain certain national standards.

While such symbolic action won't reverse the tide of state spending, it is good to see that the governor is concerned about paying the state's bills. And the governor has veto power to make good on his call to financial responsibility.

Good for the governor. Let's hope others in the Statehouse are willing to demonstrate a bit of dollars-and-cents common sense.