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$300 million in spending reductions
Gov. Granholm issued an executive order to close a $1.3 billion gap between desired spending and projected revenue with $300 million in cuts. The balance will come from "stimulus" money. $300 million is 1.1% of non-federal state revenue. So - about time for these cuts, or an argument for higher taxes?
Posted 5/5/09 in MichiganVotes
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