State Budget

(credit: istock)

Official: ‘Real’ Cuts Needed After Shortfall Pegged At $289M

State 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.

WWJ Newsradio 950–01/17/2015

iStockphoto

Gov. Snyder Prepares For Budget Cuts As Revenue Falls Short

The shortfall of hundreds of millions of dollars is mostly being blamed on businesses cashing in tax credits at a higher rate than expected.

WWJ Newsradio 950–01/16/2015

Photo Credit Thinkstock

New Michigan Budget May Affect You In Many Ways

The Republican-written spending plan affects many corners of life — from how much it costs to attend a university to how many state troopers patrol the highways.

WWJ Newsradio 950–06/29/2014

(credit: istock)

What Lawmakers Did, Didn’t Do Before Summer Break

Late-night wrangling over hiking taxes to improve roads overshadowed Michigan lawmakers’ final days in Lansing before they broke for much of the summer.

WWJ Newsradio 950–06/15/2014

(credit: istock)

Michigan Has $616 Million Less Than Projected; Tax Cut For Homeowners, Renters Off Table

Budget director John Roberts said the Republican governor’s priorities in coming weeks include securing legislative support for $195 million to help end Detroit’s bankruptcy .

CBS Detroit–05/16/2014

A tire destroyed by a pothole in metro Detroit. (credit: Beth Fisher/WWJ)

Michigan Lawmakers Approve $215 Million For Roads

It’s almost a done deal.

WWJ Newsradio 950–03/12/2014

Potholes go curb-to-curb across E. Grand Blvd. at Chene, alongside I-94.  (credit: Mike Campbell/WWJ)

Gov. Snyder And Legislators Agree On $200M For Road Repairs

Half of that money is planned to be set to local communities in the new future.

WWJ Newsradio 950–03/11/2014

Lawmakers Clash On Roads Money, Insurance Tax Hole

Legislators in the Michigan House want to set aside $115 million more for road projects than their counterparts in the Senate.

WWJ Newsradio 950–02/26/2014

Gov. Snyder Takes On K-12 Funding ‘Misinformation’

Gov. Rick Snyder is taking on what he says is “misinformation” over his record of funding public schools not long before he puts forward his next budget.

WWJ Newsradio 950–01/26/2014

istockphoto

Tax Rebate, Cut Considered As State Has Extra $1B To Play With

Gov. Rick Snyder and lawmakers have nearly $1 billion more than expected when crafting Michigan’s next budget.

WWJ Newsradio 950–01/10/2014

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