Promise Scholarship Cuts May Be Part of Budget Plan

By: Associated Press
By: Associated Press

Gov. Jennifer Granholm appears to be leaving several options open for resolving Michigan's state budget problems.
Granholm told reporters shortly after meetings with legislative leaders Thursday that trimming the size of various tax exemptions or "loopholes" could be included in a budget-balancing plan. She said reducing a surcharge on the Michigan Business Tax could be considered as part of a deal.
Granholm has said she is not interested in a general tax increase to help balance the budget for the fiscal year that starts Oct. 1. Money from the federal stimulus package will be used to fill much of the state's projected $2.7 billion budget shortfall. But cuts will be needed, possibly including the scaling back of a college scholarship program. is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards. Comments may take up to 24 hours or longer to appear on the site.

See full commenting rules...
powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 51533577 -
Gray Television, Inc.