Governor Snyder discusses proposed 2015 budget and education funding
Governor Rick Snyder Photo: mlive.com
Patrick Center February 7, 2014 | WGVU “I had to deal with a $1.5 billion deficit when I took office so we had to make some tough decisions.”
Democrats argue the tough decisions Governor Snyder made; reducing school funding, deductions for pension income and the elimination of a variety of tax credits impacted the middle class while providing a $2 billion tax break for corporations.
“But that helped the economy come back because we focused in on job creation. A top priority is going to be more and better jobs. But it’s also a future for our children, they go together.”
The state’s economic comeback allows for increasing investment in education. K-12 could receive $11.7 billion or an increase of $83 to $111 in per pupil funding.
“In fact the increase I’m proposing in ’15 is $1 billion higher in ’15 versus the year I took office.”
And that includes a $270 million increase funding retirement liabilities.Governor Snyder’s budget also calls for increasing early education funding by an additional $65 million.
“What we’re doing there is getting rid of the waiting list hopefully for kids who couldn’t have preschool because they didn’t have the resources to go.”
This afternoon during All Things Considered West Michigan I’ll talk with Governor Snyder about budget projections, a tax cut and is there enough money in the state’s rainy day fund should the economy tank.
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