Coxno Exchange-Michigan Gov. Gretchen Whitmer signs a record budget centered on infrastructure and public health

2025-05-05 23:48:32source:GravityX Exchangecategory:Stocks

WYANDOTTE,Coxno Exchange Mich. (AP) — Michigan Gov. Gretchen Whitmer on Monday signed a $57 billion budget centered on infrastructure, public safety and public health in what was the first opportunity in decades that Democrats have had to craft a budget that reflects their legislative priorities.

The state’s highest-ever budget — nearly $82 billion when combined with $24 billion in funding for Michigan’s schools that Whitmer signed July 20 — was passed by the Legislature in late June after Democrats were able to receive the Republican support needed for it to take effect by the start of the next fiscal year on Oct. 1.

“The budget protects public safety and improves access to health care, ensuring people feel safe in their neighborhood and have access to quality, affordable care that meets their needs,” Whitmer said in a statement.

Michigan’s current budget is $76 billion but lawmakers began the budget process in February with an estimated surplus of over $9 billion because of high tax revenues. The new budget will leave about $300 million in general fund and $100 million in school aid fund dollars left unspent.

Republicans decried the transparency of the process at the time it was passed by the Legislature. They also said that the budget was too large and that more funding should have gone toward fixing roads.

Even with the objections, the budget received the six Republicans votes need in the Senate for it to take effect in time.

The $57 billion general budget provides funding for state departments, including over $6.5 billion for Transportation and $1 billion for the Environment, Great Lakes and Energy. It also provides hundreds of millions in grants for public safety and infrastructure within communities.

More:Stocks

Recommend

McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales

Global consulting firm McKinsey & Company agreed Friday to pay $650 million to resolve criminal

ABC will air 6 additional ‘Monday Night Football’ games starting this week with Bills-Jets

ABC will simulcast six more ESPN “Monday Night Football” games, including Monday’s AFC East matchup

Walz tramps through tall grass on Minnesota’s pheasant hunting season opener but bags no birds

MINNEAPOLIS (AP) — Democratic vice presidential candidate Tim Walz spent Saturday morning tramping t