CBS62logoNEW2013_blue_final_header_White wwj950-sm2011b 971-ticket-35smb 35h_CBSSportsRad_Detroit

Local

Governor Weighs In On Debt Ceiling Debate

View Comments
Gov. Rick Snyder. (AP Photo)

Gov. Rick Snyder. (AP Photo)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

DETROIT (WWJ) – Governor Rick Snyder is weighing-in on the debate over the federal debt ceiling.

WWJ’s Stephanie Davis reports that the governor says just “look to Michigan” as an example.

Gov. Rick Snyder says the way the state (of Michigan) balanced its budget by using a combination of cuts and new tax revenue is a good formula for dealing with deficit.

“We went from a situation where we didn’t have a truly balanced budget for a long time to having a balanced budget – that’s looking at our balance sheet and our long-term liabilities and saying  .. we are reaching a bottom point now where we can start investing in our state in a very positive way,” said Snyder.

“So if anything … if you have a chance to talk to the people in Washington – tell them to look at Michigan – we are a good place to use.”

Snyder says it was difficult to ask of sacrifice from a lot of people, among the sacrifices … taxing some retiree pensions.

View Comments
blog comments powered by Disqus