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State economy still creeping up, but general fund to remain mostly the same

The state got an idea today of how much money it could have for the next couple years. Now there’s a conflict brewing over whether to spend or save.

Michigan is on track to add a little more to its bank account than last year. But it’s still likely not enough to keep up with inflation.

Members of the governor’s administration say a lot of the money is earmarked and they should also work to pay down the debt and save.

But lawmakers might try to make more cuts anyway.

Representative Laura Cox is on the committee that makes the state’s budget.

 

“There’s definitely an appetite in the House and I think there’s some sort of appetite in the Senate to provide all the taxpayers of Michigan some sort of tax relief.

 

The governor rolls out his budget proposal next month.