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February 26, 2021
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GRANHOLM-BUDGET
(2007-02-16)
(wgvu) - GOVERNOR GRANHOLM SAYS REPUBLICANS IN THE LEGISLATURE NEED TO SHOW THEIR PLAN FOR BALANCING THE BUDGET BEFORE THE STATE'S FINANCES GET WORSE. THE G-O-P-LED SENATE APPROPRIATIONS COMMITTEE VOTED DOWN HER PLAN THIS WEEK. REPUBLICANS SAY IT DOESN'T HAVE ENOUGH SPENDING CUTS.
THE GOVERNOR SAYS TIME IS RUNNING OUT ON GETTING THE BUDGET BALANCED.
SHE'S VOWED NOT TO CUT SCHOOL FUNDING.
THE STATE HAS AN $800 MILLION DOLLAR DEFICIT, INCLUDING A LARGE HOLE IN THE SCHOOL AID FUND. THE GOVERNOR'S CALLED FOR SPENDING ROLLBACKS AND NEW TAXES ON SERVICES, LIQUOR AND TOBACCO.
REPUBLICAN LEADERS SAY THEY ARE COMING UP WITH A LIST OF CUTS. THE GOVERNOR HAS SET AN APRIL 1 DEADLINE FOR DEALING WITH THE DEFICIT

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