Nesbitt: CREC report should translate to tax relief for all Michiganders, more responsible state budget

Nesbitt: CREC report should translate to tax relief for all Michiganders, more responsible state budget

LANSING, Mich. — Senate Republican Leader Aric Nesbitt, R-Porter Township, made the following statement after state fiscal and economic leaders made their economic and state tax revenue projections during Friday’s annual May Consensus Revenue Estimating Conference:

“Today’s report is another confirmation of expert warnings of a slowing economy. It is important that the Legislature put the struggling families of Michigan first as we continue work on the next state budget.

“Now more than ever, we must responsibly use the state’s remaining surplus to provide meaningful tax relief for all Michiganders who are working harder to make ends meet against record inflation, properly fund shared priorities — rebuilding aging infrastructure, strengthen law enforcement and school safety, and investing in education, — pay down the state’s debts and save for a rainy day in order to get our fiscal house in order.

“Those who still wish to drain our historic surplus to grow the size of our government bureaucracy must put those dangerous dreams on the shelf and the future economic prosperity of the state and its residents first.”

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