Saturday, December 1, 2007

The 2007-2008 budget is now DONE!

Only 60 days after the beginning of the budget year, and ten months after the governor first proposed her budget, it is now finished.

With passage of today's $617 million surcharge (read tax increase) on the Michigan Business Tax, to affect about 60,000 businesses in the state, this budget is now complete. The governor got just about everything she wanted, and spending went up $1 billion dollars, YOUR dollars.

Cheer up, only 60 days until the governor submits her budget for 2008-2009. As Cubs fans say, "Wait 'til next year!"

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