State Rep. Kim LaSata today said steady, sustainable economic growth will continue based on information presented to the House and Senate Appropriations committees during the Consensus Revenue Estimating Conference, which is the first look at the upcoming economic forecast.
The report was compiled by the House and Senate Fiscal agencies and the state budget director. It predicts Michigan’s recovery from the Great Recession earlier this decade will continue.
“We have heard good news that our economy is strong and will continue to strengthen in the coming year,” said LaSata, of Bainbridge Township, who serves on the House Appropriations Committee. “Our conservative approach to budgeting and diligence in cutting unnecessary spending has resulted in a vigorous economy that is creating jobs and improving the quality of life for Michigan families.”
LaSata said with the arrival of the new year, the Appropriations Committee will soon begin crafting a spending blueprint for the 2018-19 fiscal year.
“The information we received today will be important as we begin work on the budget for the upcoming fiscal year,” LaSata said. “I look forward to getting started on a new budget that will continue to ensure the health, welfare, safety and quality of life for all Michigan residents.”