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Deja Vu all over again: Standard & Poor’s again warns Michigan GOP to stop playing games

March 12, 2007 – 11:50 am

Standard & Poor’s Rating Service today issued a public warning that our state government needs to get its budgetary act together or face even lower ratings. And the report’s author says that, “from a credit perspective, this is probably the most important legislative session in more than a decade.”
While political disputes are always accompanied by [...]

By Dan Scripps | Posted in Budget, Economy, Issues | Comments (0)

GOP blows $1.9 billion hole in state’s budget; S&P downgrades Michigan’s economic outlook

August 15, 2006 – 10:27 am

Last week, Republicans in the state legislature provided a clear symbol of why change is so desperately needed in Lansing. On Wednesday, the day after the primary, the Republican leadership forced through a vote to repeal the Single Business Tax, creating a $1.9 billion hole in the state’s general fund without offering any details on [...]

By Dan Scripps | Posted in Budget, Economy, Issues | Comments (0)

GOP’s election year tax gimmicks - what others are saying

April 4, 2006 – 11:43 am

I’ve blogged now a couple different times about the political stunts being played by Republicans in the State House with the Single Business Tax.
But don’t just take my word for it. Look at what the Traverse City Record-Eagle has to say. Or the Detroit Free Press. Or the Grand Rapids Press. Or the Muskegon Chronicle. [...]

By Dan Scripps | Posted in Blog, Budget, Issues | Comments (0)

Michigan workers get a raise! (But more must be done to secure economic security for Michigan’s working poor)

March 28, 2006 – 11:54 am

Earlier today, Governor Granholm signed legislation that will increase Michigan’s minimum wage to $6.95 in October – and to $7.40 on July 1, 2008. This marks the first time in seven years that Michigan’s minimum wage workers will see an increase, and will result in an increase of $72/ week, or $3,744 over the course [...]

By Dan Scripps | Posted in Budget, Economy, Issues | Comments (0)

Culture of irresponsibility

March 18, 2006 – 12:00 pm

Two events on Thursday, happening hundreds of miles away from each other, both made the same point: the Republican Party, which once claimed to be the party of fiscal responsibility, is increasingly irresponsible with our money.
In Michigan, the GOP-controlled State House voted to eliminate the Single Business Tax by the end of 2007. I blogged [...]

By Dan Scripps | Posted in Blog, Budget | Comments (0)

Michigan’s Single Business Tax

March 10, 2006 – 12:06 pm

The debate over Michigan’s Single Business Tax (SBT) is one of the hottest in the state right now, with Oakland County Executive L. Brooks Patterson leading a petition drive to eliminate the SBT in 2007. Yesterday, the State House Tax Policy Committee approved a bill that would do the same thing.
Many of the issues involved [...]

By Dan Scripps | Posted in Budget, Economy, Issues | Comments (0)

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