Rep. Shane Hernandez – chair of the Michigan House Appropriations Committee – today issued a statement after the Consensus Revenue Estimating Conference:
“While our state budget situation is better than previously expected, we by no means are out of the woods. Michigan’s economy has not recovered – hundreds of thousands of people are out of work, and many job providers continue to struggle. Some have already decided they’re never going to reopen.
“The Trump administration deserves our thanks for buying us some time with the federal response to COVID-19 – but in no way is federal money a permanent solution. It’s not sustainable over time, and it would be an irresponsible approach for taxpayers and future generations.
“However, the federal assistance has granted the state an extension before the ramifications of COVID-19 and the economic shutdown truly decimate the state budget. We must take advantage of this opportunity.
“Two things must happen right now: The economy must be safely and fully reopened, and we must make wise, conservative budget decisions to avoid bigger problems in the near future. This includes continuing to work on reductions in state spending, and reinvesting in the state’s rainy day fund to lessen the impact of budget cuts that would be needed when the federal funding ends. These are the steps necessary for a sustainable recovery and a healthy state budget over the long term.”
Rep. Shane Hernandez – chair of the Michigan House Appropriations Committee – today led legislative approval of a new state budget overcoming the financial challenges posed by COVID-19.
LANSING, Mich. — Senate Appropriations Committee Chairman Jim Stamas, House Appropriations Chair Shane Hernandez and State Budget Director Chris Kolb on Tuesday announced they have reached an agreement on the details of a plan to balance the fiscal year 2020 state budget. “Every budget is a statement of priorities,” said Stamas, R-Midland. “In the face […]
Senate Appropriations Committee Chairman Jim Stamas, House Appropriations Committee Chairman Shane Hernandez and State Budget Director Chris Kolb on Monday announced they have reached agreement on the spending parameters for the state’s fiscal year 2021 budget.
Rep. Shane Hernandez – chair of the Michigan House Appropriations Committee – tonight issued a statement after legislative leaders and the governor’s administration reached an agreement regarding the current fiscal year: “I am encouraged by this positive step toward resolving our state budget challenges for the current fiscal year. “We are not sitting back and […]