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NEWS TIPS!RightMichigan.com
Who are the NERD fund donors Mr Snyder?Tweets about "#RightMi, -YoungLibertyMI, -dennislennox,"
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Real quick...By JGillman, Section News
Michigan's Governor Granholm is in Traverse City today as part of a tour speaking to educators in an effort to get some pressure on our legislators to put some adjustments together and support TAX INCREASES.
She lost the budget battle, and is now attempting to scare the foot soldiers of an ever growing government with words like "CUTS," and "Eliminations.." A Little more below the fold...
Granholm suggests that the revenue sharing will not be enough to fund the schools, and that the estimated income will fall short of projections. She says the legislature used numbers that were relevant last year, and that we are continuing to see declining numbers based on fewer and fewer retail sales (where much of the revenue sharing comes from)
She may be correct, but her answer to it is predictable as always. She wants NEW taxes.. Though her wording is "If only we could close just 13% of the loopholes out there..." Exactly.. tax increases. But do not forget about the "Promise.." This is the information graciously provided by Treasury. Michigan received $290.2 million in tobacco settlement revenues in 2008...with an estimated $300 million in 2009. Since 1999, the state has received $2.9 billion in settlement payments since 1999. As for the MI Promise, if that program were to have been retained in the FY 2010 budget (or if funds are allocated to fund the program at some point) the expenditure would have been approximately $140 million (original amount in FY 2010 executive budget recommendation). Read into it what you will..
Real quick... | 4 comments (4 topical, 0 hidden)
Real quick... | 4 comments (4 topical, 0 hidden)
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