Snyder unveils $52B budget, includes tax cuts for homeowners - Fox 2 News Headlines

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.

  • Local NewsLocal NewsMore>>

  • Van Dyke Construction Scheduled Today

    Van Dyke Construction Scheduled Today

    Monday, April 21 2014 3:48 AM EDT2014-04-21 07:48:59 GMT
    A massive construction project is underway in Macomb County. If you travel on Van Dyke, you know how rough it is. Now, jackhammers are out there tearing up a two-and-a half mile stretch from 11 Mile to Chicago Rd. The road will be milled, then resurfaced with asphalt. New curbs will be installed. Nine intersections get new traffic signals. Sidewalks will be ramped to comply with the Americans with Disabilities Act. Weather permitting, the project will be finished this summer.
    A massive construction project is underway in Macomb County. If you travel on Van Dyke, you know how rough it is. Now, jackhammers are out there tearing up a two-and-a half mile stretch from 11 Mile to Chicago Rd. The road will be milled, then resurfaced with asphalt. New curbs will be installed. Nine intersections get new traffic signals. Sidewalks will be ramped to comply with the Americans with Disabilities Act. Weather permitting, the project will be finished this summer.
  • Chrysler Expanding Presence in China

    Chrysler Expanding Presence in China

    Monday, April 21 2014 3:32 AM EDT2014-04-21 07:32:50 GMT
    Fiat and Chrysler announced plans this weekend to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors. The automakers said they will expand their joint venture with China's Guangzhou Automobile Group Co. Ltd., and increase the portfolio of Jeeps, which are currently imported to China. Production is expected to start in late 2015.
    Fiat and Chrysler announced plans this weekend to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors. The automakers said they will expand their joint venture with China's Guangzhou Automobile Group Co. Ltd., and increase the portfolio of Jeeps, which are currently imported to China. Production is expected to start in late 2015.
  • Ford at the Beijing Auto Show

    Ford at the Beijing Auto Show

    Monday, April 21 2014 3:27 AM EDT2014-04-21 07:27:48 GMT
    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. Automakers are looking to China's biggest auto show this year to help boost sales in this huge but cooling market. Total sales last year reached 17.9 million vehicles, but growth is expected to slow from 15.7 percent to as low as 8 percent, even as newcomers including Lincoln and Tesla enter the market.
    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. Automakers are looking to China's biggest auto show this year to help boost sales in this huge but cooling market. Total sales last year reached 17.9 million vehicles, but growth is expected to slow from 15.7 percent to as low as 8 percent, even as newcomers including Lincoln and Tesla enter the market.
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

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