March 2, 2022
June 27, 2022
Governor’s Proposed Budget Passes on a Serving of Long-term Debt Reduction
We were glad to see that Governor Whitmer's budget proposals largely take this approach and, importantly, maintain a structural balance between ongoing revenues and spending. However, the governor's plan to use the $3.6 billion School Aid Fund surplus skews entirely towards spending and misses an opportunity to pay down some of the state's largest and most expensive debts.