Michigan's State Budget Faces Long-Term Problems

By: Associated Press
By: Associated Press

LANSING (AP) -- Michigan lawmakers this month will vote on proposals that would balance the state government budget headed into a new fiscal year Oct. 1.

The state will be helped with more than $1 billion in temporary federal aid for schools, health care programs for the poor and other programs. But Michigan and other states will face tough decisions about what to do with their budgets once the temporary federal aid runs out.

Michigan leaders plan to use other short-term approaches to solving the state's immediate budget problems. The approaches include a tax amnesty program.

Michigan's budget has been hurt by declining tax revenues during a long economic downturn.

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  • by Anonymous on Sep 12, 2010 at 05:38 PM
    All the now economy problems come from two main things.How high gas prices went when bush was in office and the fact so many jobs owned by americans have went over seas.Severe job lost has lead to so many things yet prices of many things continue to go up.It is no wonder our economy continues to fail taking many to the poor house.Mich isn't the only state bad off yet things for many only get worse.Some have so much,yet even more now have nothing.Taxes can't be collected off NO JOBS.So how can things get done?Homes continue to be lost and that's another bad deal for families.Greed continues and it is destroying.The feds can only do so much.One state at a times goes down.How long before the USA is gone to the whatever.WHERE ARE JOBS!
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