Proposal 5

Proposal 5 slips in the polls but supporters report over 50 percent of the voters back it.

The statewide ballot proposal to automatically grant an inflationary increase to Michigan schools each year, has dropped from 62 percent support to somewhere in the 50 percent range. That is based on internal polling done by the Michigan Education Association.

The opposition meanwhile is running radio ads suggesting the school financing proposal is designed to fatten the retirement, health care and salaries of school teachers with none of it going into the classroom.

"It's a money grab," complains Trica Kinley of the Michigan Chamber of Commerce. Dr. Justin King of the Michigan Association of School Boards disagrees.

Michigan voters will decide who is correct on November 7.