Page 45 - Thomas Albert News Today

View Comments Lansing — Michigan has about $2 billion more in revenue than initially expected for this fiscal year, state fiscal leaders concluded Friday, thanks in large part to federal stimulus dollars and increased consumer spending on goods.  Budget experts also adjusted expected revenue for the fiscal year 2022 budget upwards from January estimates by $1.5 billion at the Consensus Revenue Estimating Conference. "There has just been an incredible amount of federal income support over th...

by Scott McClallen, The Center Square  | May 14, 2021 05:00 PM Print this article The Michigan House passed bills Thursday aiming to provide tax relief to small businesses, limit state board transfers of money, and enact a supplemental budget. HB 4288, passed on a vote of 88-18, seeks to offer small businesses a tax deduction already available for larger companies. Rep. Jack O’Malley, R-Lake Ann, supported the bill seeking to give small businesses a tax dedication. ...

Michigan lawmakers OK COVID-19 spending bills; budget chief concerned Copyright Getty Images Photo by: Bill Pugliano/ Getty Images Posted at 6:56 AM, May 14, 2021 and last updated 2021-05-14 06:56:34-04 LANSING, Mich. (AP) — Michigan legislators on Thursday approved mid-year spending bills, including billions of federal coronavirus relief to boost pay for frontline government workers, incentivize unemployed people to return to work and upgrade infrastructure. Under a $3.3 billion plan sen...

Michigan legislators approved mid-year spending bills, including billions of federal coronavirus relief.

Michigan lawmakers pass COVID-19 spending bills; state budget chief concerned David Eggert Print LANSING — Michigan legislators on Thursday approved mid-year spending bills, including billions of federal coronavirus relief to boost pay for front-line government workers, incentivize unemployed people to return to work and upgrade infrastructure. Under a $3.3 billion plan sent to the Senate by the Republican-led House on a 65-42 vote, some of the U.S. funding would go toward payroll costs and f...

Politicians overpromised, managers filled gap with rosy scenarios, taxpayers on the hook By May 11, 2021 The growth of Michigan’s school employee pension fund has fallen short of projections made by its managers almost a decade ago. The price is now being paid by school districts that must spend millions more than anticipated in an attempt to shore up unfunded pension promises. That’s according to a new analysis from the Mackinac Center for Public Policy, which says that the state�...

Already hit hard by pandemic, universities warn plan would lead to "several painful actions" OU president supports increasing overall higher ed budget, not increasing state aid for some Larry Peplin for Crains Detroit Business The formula would cut more than $39 million out of state funding for University of Michigan-Ann Arbor. The University of Michigan and Wayne State University would see deep cuts in state aid under a House Republican-authored plan that seeks to tilt taxpayer support of publ...

... Gov. Whitmer signs bipartisan bill providing reimbursements to Michigan National Guard soldiers who were deployed at the U.S. Capitol May 7, 2021 LANSING — Today, Governor Whitmer signed House Bill 4019, which provides reimbursements to Michigan National Guard soldiers who were deployed at the U.S. Capitol earlier this year. Many Michigan National Guard members purchased meals out of pocket during this deployment because of inadequate food served through a third-party vendor. In early Mar...

Budget talks advance, GOP election bills tweaked: The week in Michigan politics Today 7:00 AM Facebook Share LANSING, MI - This week in Lansing was more about molding legislation than passing bills, at least on major topics. Both chambers made moves to further clarify key initiatives, with budget talks picking up in the House and Senate and amendments made to Senate Republican election bills. The House continued to tackle ethics reform, while Republicans in both chambers moved to allow high sc...

Michigan will reimburse National Guard soldiers deployed to U.S. Capitol Guardsmen had paid for food out of their own pockets J. Scott Applewhite/AP Hundreds of National Guard troops hold inside the Capitol Visitors Center to reinforce security at the Capitol in Washington, Wednesday, Jan. 13, 2021. The House of Representatives is pursuing an article of impeachment against President Donald Trump for his role in inciting an angry mob to storm the Capitol last week. (AP Photo/J. Scott Applewhite)...