LANSING, Mich. (AP) – Republican lawmakers and Democratic Gov. Gretchen Whitmer agreed to a budget framework Monday, saying there will be no cuts to K-12 schools or municipalities despite the coronavirus pandemic’s effect on tax revenues.
The deal came 17 days before the start of the fiscal year. Few specifics were released, including whether spending will be reduced in some areas. The chairs of legislative budget subcommittee will now take their spending “target” levels and work to iron out bills.
Legislators will take final votes next week. The agreement was announced three weeks after the state received a better-than-expected revenue forecast. Billions of dollars from a federal bailout that were used to address a projected deficit in the current budget, combined with stronger tax collections than projected in May, will effectively help in the fiscal year beginning Oct. 1.
Senate Appropriations Committee Chairman Jim Stamas, a Midland Repubican, said working together was “absolutely essential” given it “has been a year unlike any other.” House Appropriations Committee Chairman Shane Hernandez, a Port Huron Republican, said the budget will be “sound and sustainable so we are ready for what lies ahead.”
Copyright © 2020 The Washington Times, LLC.