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Saturday, January 22, 2022

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    New $70B Michigan budget plan includes across the board spending hikes

    Lansing — Next year’s proposed $70 billion state budget would include huge spending increases across the board thanks to a combination of federal COVID-19 relief funds and better than expected state tax revenue.

    Michigan House and Senate conference committees on Tuesday moved a $50.7 billion general omnibus budget and $2.2 billion higher education budget, including a 6.4% increase in higher education aid. 

    In late June, the Legislature approved a historic $17.1 billion K-12 education budget earlier this year. 

    Even after the $70 billion budget is signed into law, the Legislature has roughly $10 billion in additional money that could be included in a supplemental spending plan later this year. About $7 billion of that $10 billion is leftover federal COVID relief funds, state budget director Dave Massaron told reporters Tuesday. 

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