How Should Michigan Spend $800M Budget Surplus?

LANSING, Mich. (AP) — Gov. Rick Snyder’s administration says it would be premature to make plans to spend a likely surplus from the budget year that ended Sept. 30.

Some estimates show the state could have more than $800 million in the general fund and school-aid fund. Final numbers won’t be settled for a few weeks.

Republicans who control the Michigan Legislature say there’s really not much of a surplus when spending and income projections are taken into account for the next two fiscal years.

Snyder, also a Republican, may have plans of his own for the money as he works to unveil the next budget in February.

Comments

One Comment

  1. alternativeview99 says:

    This is NOT a surplus. This is the spoils of war on the middle class and poor. The ONLY reason this money exists is because the middlle class and poor are paying more taxes, are being denied the pensions they were promised, are working more hours for less, pay more for food and shelter….and by the statistics are watching their standard of life deteriorate while the top 1 % of the weatlthiest of this nation watch their income grow and grow and grow.

    The title of this article should be “HOW DO WE DIVIDE THE SPOILS OF WAR?”

  2. CP says:

    There should not be a surplus since government if a not for profit endeavor and all monies collected should be put right back into the communities from which it came. This just tells me that all the cuts that were made we made deeper than necessary and hardship was caused where not needed. Gov Snyder is out of touch with reality and his agenda is showing.

  3. Smash Crasher says:

    See what happens when a Republican is in the governor’s office. That’s right little whining, snot-rag liberal Democrats. It’s called surplus. And to the brainwashed idiot who is frothing about your “promised” pensions. There’s no guarantee in life; you’ve sucked off the taxpayer teat for generations. Time to start paying your way like everybody else. Typical GREEDY UNION mentality. We deserve it.

  4. Chester Marx says:

    Maybe try to help some of the folks who have been harmed?

  5. Deanna says:

    How about returning some of the state shared revenue that was cut to the cities. Cities that are now in “financial distress” and are in danger of state takeover because of said cuts.

    How about reinvesting that money into education, jobs, or infrastructure.

    How about ANYTHING besides another tax cut for the rich.

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