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.

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  • by jim Location: hillsdale county michigan on Jul 24, 2009 at 08:09 AM
    I remember the days when if lower income one worked themselves through college.However with no jobs that isn't easy.Fast food places have college students working for them now.Jenn should of never made promises to young people in the first place knowing the condition of mich.Cuts may be made where they shouldn't be but that seems easier than getting jobs into mich.What is wrong with our taxing on bussiness?What is wrong with being higher tax on gas and ciggs?What is wrong when we read high crime in mich?So many homeless and homes being lost.yet we see high costs of homes,and property taxes.Then we here one may be forced to buy health insurances if one don't have.More costs to people living here.That all just makes bussiness or jobs want to come here?Hillsdale 19.9 unemployment and oscoda & baraga higher.Woops!Jenn wants rural folks to pay more for police protection?Would you bring your jobs to michigan?I surely would NOT.
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