For Immediate Release
Jan. 10, 2020
Amidst middling economic outlook and requested cuts, League calls for investment to tackle 2021 budget priorities
LANSING—The Michigan League for Public Policy issued the following statement on the state Consensus Revenue Estimating Conference held today. The statement can be attributed to Michigan League for Public Policy President and CEO Gilda Z. Jacobs.
“We’re going to keep talking about it until something changes: Michiganders need policymakers who are willing to invest in our state. Today’s revenue estimates, like most revenue estimates over the past few years, show three things: the state doesn’t truly have enough revenue for all of its budget needs and the things residents rely on; if we adjust state revenues for inflation, our spending levels are still below what they were in 1968; and lawmakers need to start budgeting soundly and stop passing policies that their successors—and future residents—actually have to pay for.
“With inflation-adjusted state funds still harkening back to 1968, it’s no wonder policymakers want to don rose-colored glasses. But if you pair the minimal increases reported today with the economic clouds on the horizon and growing General Fund constraints, the outlook is much gloomier. These numbers inform the 2021 state budget and set up another challenging budget year where we simply don’t have enough money to go around. Policymakers need to stop playing three-card Monte with the state’s money and pitting important priorities against each other, and instead find ways to bring in enough revenue to invest in all of the things Michiganders truly value. The priorities that will have the greatest impact on our state, especially for families who are struggling, are clear. We’ve laid them out in our budget work here at the League and we continue to lift up a graduated income tax and other tangible ways to pay for them.”
Additional Resources from the League:
Policy Brief: Who can pay more? The case for a graduated income tax
The Michigan League for Public Policy, www.mlpp.org, is a nonprofit policy institute focused on economic opportunity for all. It is the only state-level organization that addresses poverty in a comprehensive way.