Official: 'Real' Cuts Needed After Shortfall Pegged At $289MState revenue is $289 million short of projections in the current budget and $527 million below expectations for next year - largely because of large companies cashing in tax credits.
Gov. Snyder Prepares For Budget Cuts As Revenue Falls ShortThe shortfall of hundreds of millions of dollars is mostly being blamed on businesses cashing in tax credits at a higher rate than expected.
ESD Convenes Alternative Energy ConferenceOne of the emerging industries that could suffer the consequences of Governor Rick Snyder’s proposed tax credit cuts is alternative energy. What then does that mean for the future of this hot industry in Michigan? Find out as experts in alternative energy from throughout Michigan assemble at The Engineering Society of Detroit Alternative Energy Conference this Wednesday, March 2, at the Hyatt Regency in Dearborn.
Michigan Tech Braces For Budget CutsPresident of high-tech university in the UP to discuss in Monday event Gov. Snyder's proposed cuts to higher education and their implications.