News Story

Despite Record State Revenue, Spending Interests Predict Budget Meltdown

Tax collections up $1B from last year

Last year, many media headlines were predicting trouble, like these from a Google search for “State of Michigan budget”:

"State Lawmakers Face $460M Budget Hole

“State of Michigan Faces $460M Deficit, Painful Cuts To Be Made"

“Officials Set To Trim State Budget $460M Over 2 Years.”

Overall state revenue has increased for eight consecutive years, however.

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