The requested resource (/media/wgvu/header/pb/header.html) is not available
Last updated 2:41AM ET
March 5, 2021
Search NewsRoom
Search NewsRoom
go
Advanced Search
Tools
Tools
Local/State News
Local/State News
STATE BUDGET
(2007-09-13)
(wgvu) - STATE LAWMAKERS WILL RESUME THEIR ATTEMPTS
TO SOLVE MICHIGAN'S LOOMING BUDGET CRISIS FRIDAY.
A PROPOSAL TO PUT A SALES TAX INCREASE PROPOSAL BEFORE VOTERS IN
JANUARY STALLED ON WEDNESDAY. A HALF-HOUR AFTER STARTING A VOTE ON
THE MEASURE IN THE HOUSE, IT HAD BECOME CLEAR THERE WAS NOT ENOUGH
BIPARTISAN SUPPORT TO ADVANCE THE MEASURE.
THE PROPOSAL WOULD RAISE MICHIGAN'S SALES TAX FROM THE CURRENT 6
PERCENT TO 7 PERCENT AND NEEDS THE APPROVAL OF TWO-THIRDS OF THE
MEMBERS IN BOTH THE HOUSE AND SENATE TO MAKE THE BALLOT.
THE PROPOSAL ALSO WOULD GIVE VOTERS A CHANCE TO REPLACE OTHER
TAX INCREASES THE STATE LEGISLATURE MAY ACT ON LATER THIS WEEK.
MICHIGAN'S NEW FISCAL YEAR BEGINS OCTOBER 1ST. SO FAR, THERE HAS
BEEN NO RESOLUTION ON HOW TO ADDRESS A PROJECTED 1.7 BILLION DOLLAR
DEFICIT IN BUDGETS FUNDING DOZENS OF STATE SERVICES.

(COPYRIGHT 2007 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)


© Copyright 2021, wgvu