Michigan Budget Plan By Feb. 17th

By: The Associated Press
By: The Associated Press

Gov. Rick Snyder says he'll put out his budget plan on Feb. 17.
It was the first time he announced the date.

He told the Business Leaders for Michigan leadership summit Monday that his ideas for revamping the state's spending plan will be evident when the proposal is released.

Interest has been mounting over how the new Republican governor will deal with a $1.8 billion shortfall in the spending plan that starts Oct. 1. Snyder says he also wants to cut business taxes and shift to a new corporate income tax, which would drop revenues by $1.5 billion.

Snyder said Monday he wants to base the budget on the outcomes the state wants to achieve.

He says "it's not about spending money" but about making a difference in people's lives.

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