News Story
August 21, 2017
Despite Record State Revenue, Spending Interests Predict Budget Meltdown
Tax collections up $1B from last year
Last year, many media headlines were predicting trouble, like these from a Google search for “State of Michigan budget”:
"State Lawmakers Face $460M Budget Hole”
“State of Michigan Faces $460M Deficit, Painful Cuts To Be Made"
“Officials Set To Trim State Budget $460M Over 2 Years.”
Overall state revenue has increased for eight consecutive years, however.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.
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