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Snyder Still Undecided On How Much He'll Be Paid

Rick Snyder says he still hasn't decided how much he'll take in salary as Michigan's new governor.

The independently wealthy Republican said Monday it will be less than the official rate of $159,300 set in 2009 after the State Officers Compensation Committee cut the salary of top elected officials and legislators by 10 percent.

Snyder took office Saturday.

He says he's still weighing how much he'll be paid and will announce the amount "at an appropriate time.''

Former Gov. Jennifer Granholm voluntarily cut her $177,000 annual salary by 5 percent before the rate was reduced in 2009. 

How will he balance the budget? In a live interview with WWJ Monday morning, Snyder said it's his goal to avoid having to raise taxes by running a more efficient government operation. Listen to this interview at this link.
  
The Associated Press contributed to this report.

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