Michigan House Speaker Proposes $3.1 Billion Road Funding
Michigan House Speaker Proposes $3.1 Billion Road Funding

Michigan House Speaker Proposes $3.1 Billion Road Funding

News summary

House Speaker Matt Hall has proposed a $3.1 billion plan to fund Michigan's roads without raising taxes, building on a previous $2.7 billion proposal from November. The new plan includes $2.2 billion from the Corporate Income Tax and aims to eliminate outdated tax credits while redirecting funds to ensure more revenue for road repairs. Hall emphasizes that this initiative will remove the sales tax on gas, replacing it with a revenue-neutral motor fuel tax, thereby maintaining funding for K-12 education. Meanwhile, Governor Gretchen Whitmer has called for bipartisan cooperation to address road funding, highlighting a looming funding cliff that could worsen road conditions. Whitmer's previous attempts to raise gas taxes faced legislative pushback, and she has urged lawmakers to negotiate a long-term solution. The Republican-led initiative reflects a significant shift in budget priorities with a focus on efficient use of existing revenue.

Story Coverage
Bias Distribution
100% Left
Information Sources
bfb2a97b-336e-48d9-b69a-147df7862dc2
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
17 hours ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

22Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News