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Last updated 5:12PM ET
March 7, 2021
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Senate votes to cut another $300 million to resolve deficit
(2007-04-24)
(wgvu) - The Michigan Senate has unanimously
approved legislation to resolve more than 300-hundred (m) million
dollars of the state's budget deficit for this fiscal year, mostly
through accounting and pension changes.
But the state's K-twelve schools budget is still running short
of money, increasing the likelihood there will be a cut in
per-pupil spending.
The schools' funding shortfall is expected to grow next month
because tax revenue is falling short of projections.
Democratic Governor Granholm will sign the legislation.
Republicans and Democrats disagree over raising taxes to help
balance the budget.
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