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LANSING, MI (MPRN)--   Whitmer and Michigan lawmakers have $26 billion to work with to draw up the next state budget. That number is $2 billion dollars more than initially anticipated as the state dealt with the impact of COVID-19 on the economy. “I’m delighted to say we’re in a much better place today than we were a year ago,” said Michigan Treasurer Rachel Eubanks. Eubanks said the economy is rebounding as more people get vaccinated, people are spending money, and the state budget’s getting a boost from federal COVID-19 recovery funds. That paved the way for Eubanks, and the dir...

Credit Reginald Hardwick / WKAR-MSU Budget negotiations between Governor Gretchen Whitmer and legislative leaders will restart this week with new numbers to work with. A board made up of the state treasurer and House and Senate fiscal experts determined Friday that Michigan’s budget picture is much better than expected – with $12 billion windfall.  Some of that is due to the economic recovery. Some of it is federal COVID-19 assistance. “And the thing that we need to do now, which is the real hard work, is tie those resources to those problems and figure out the most-effective way to so...

Whitmer and Michigan lawmakers have $26.3 billion to work with to draw up the next state budget. That number is $2 billion dollars more than initially

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 the past 13 months, and that’s played a big role in our forecast," said Jim Stansell, senior econom...

Whitmer Gov. Whitmer announces federal funding priorities to transform state by promoting job growth and supporting small business FOR IMMEDIATE RELEASE:                                                                                                                         Gov. Whitmer announces federal funding priorities to transform state by promoting job growth and supporting small business    LANSING, Mich. - Gov. Gretchen Whitmer announced today her funding priorit...