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Mon October 5, 2009
Lansing focuses on revenue discussion
By Laura Weber, Michigan Public Radio Network
LANSING, MI – Governor Granholm is getting ready to veto some parts of budgets passed by the Legislature. State lawmakers are discussing new revenue options. The Democratic-controlled House could start voting on new taxes and fees to help balance the budget as early as Tuesday.
House Majority Floor Leader Kathy Angerer.
"It's no mistake that our communities are calling for fire and police protection in the communities - and wondering what they're going to do after these deep-cuts budgets," she says. "Additionally, making sure that Michigan Promise grant is there in place for our students as they're starting their college careers."
One source of revenue being discussed is freezing the earned-income tax credit. But a representative from the Michigan League for Human Services says that plan would only hurt the working poor who stimulate the economy when they spend money.