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State Budget Note 2009-02 ( April 2009 ) 8 pages

Dual Deficits and Federal Recovery Assistance: Prospects for State Budget Balance

Although federal stimulus funds can help balance the Michigan budget in Fiscal Years 2009 and 2010, they also create a real possibility of aggravating the ongoing structural deficit by permitting policy makers to postpone actions to bring long-term revenues and expenditures into balance. This is one of the findings of a new State Budget Note released by the Citizens Research Council of Michigan.
State Budget Note 2009-02 ( April 2009 ) 8 pages

Dual Deficits and Federal Recovery Assistance: Prospects for State Budget Balance

Although federal stimulus funds can help balance the Michigan budget in Fiscal Years 2009 and 2010, they also create a real possibility of aggravating the ongoing structural deficit by permitting policy makers to postpone actions to bring long-term revenues and expenditures into balance. This is one of the findings of a new State Budget Note released by the Citizens Research Council of Michigan.

Stay informed of new research published and other Citizens Research Council news.
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