Snyder unveils $52B budget, includes tax cuts for homeowners - Chicago News and Weather | FOX 32 News

Snyder unveils $52B budget, includes tax cuts for homeowners

Posted: Updated:
(WJBK) -

Gov. Rick Snyder presented his new $52 billion budget in Lansing on Wednesday that includes spending increases that cover education to 100 more state troopers.

Some of the highlights include:

- $100/per pupil increase in schools
- $80 million more for colleges
- $254 million for roads
- $120 million into state's "rainy day fund"

But the governor also proposes to give homeowners earning under $60,000 a year a break on their property taxes. Some Republicans want to roll back the state income tax rate rather than granting homestead property tax cuts.

"There is a disagreement. I'm a little bit disappointed in the fact that we do have such a large surplus and we're not going to give more back to the taxpayers," says Senator Jack Bradenburg (R) from Macomb County.

Lieutenant governor Brian Calley says 1.3 million taxpayers will get a break and many of those are seniors who could save $240 a year.

"And when you compare that to something like a rate reduction, for example, this is much more substantial impact to these folks," Calley says.

The governor may have to rely on Democrats to pass this plan if the tax relief runs into more Republican opposition.

VIDEO: Click on the video player above to hear more from lawmakers in a report from FOX 2's political analyst Tim Skubick

With lawmakers running for re-election this year and wanting a tax cut to run on, some lawmakers are hoping for a bigger cut.

The debate over tax cuts and state spending continues.

  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
  • PoliticalMore>>

  • Asia seeks Obama's assurance in territorial spats

    Asia seeks Obama's assurance in territorial spats

    Saturday, April 19 2014 7:51 AM EDT2014-04-19 11:51:55 GMT
    As President Barack Obama travels through Asia this coming week, he will find a region that's warily watching the crisis in Ukraine through the prism of its own territorial tensions with China.
    As President Barack Obama travels through Asia this coming week, he will find a region that's warily watching the crisis in Ukraine through the prism of its own territorial tensions with China.
  • Obama: Easter a time to reflect on hope, renewal

    Obama: Easter a time to reflect on hope, renewal

    Saturday, April 19 2014 6:11 AM EDT2014-04-19 10:11:51 GMT
    President Barack Obama is encouraging Americans to draw strength and inspiration from the Easter and Passover holidays.
    President Barack Obama is encouraging Americans to draw strength and inspiration from the Easter and Passover holidays.
  • Shedding light on Clinton's health overhaul flop

    Shedding light on Clinton's health overhaul flop

    Saturday, April 19 2014 4:51 AM EDT2014-04-19 08:51:44 GMT
    Thousands of pages of documents from President Bill Clinton's White House affirm a longtime adage: The more things change, the more they stay the same.
    Thousands of pages of documents from President Bill Clinton's White House affirm a longtime adage: The more things change, the more they stay the same.
Powered by WorldNow

205 N. Michigan Avenue
Ground Floor
Chicago, IL 60601
Station Operator: (312) 565-5532
Newsroom: (312)565-5533

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices