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Gilda Jacobs, president of the Michigan League for Public Policy, said “it was — and continues to be — foolhardy to consider tax cuts that would further jeopardize state services.”
Michigan’s general fund is approaching a record high, but is about 25% below the 2000 level, when adjusted for inflation, economists said Wednesday.
“Michigan now has the second-highest reliance in the nation on federal funds for basic services,” Jacobs said. “Deep cuts sure to come in the federal budget — along with existing demands on state general funds — could put Michigan in a very precarious fiscal position and threaten the state’s ability to support the services and infrastructure needed to keep the economy growing.” May 17, 2017 — Detroit Free Press