Snyder signs $49B budget with few line-item vetoes
Thu, 13 Jun 2013 19:49:00 GMT —
Michigan Gov. Rick Snyder has signed a nearly $49 billion state budget that sets aside more money to fix deteriorating roads and provides preschool to low-income children.
The spending plan approved Thursday by the Republican governor goes into effect Oct. 1. The entire budget is about 1 percent bigger than the current year.
It blocks the state from paying to implement more rigorous standards in reading, writing and math until the GOP-led Legislature says it's OK.
The budget includes $350 million for road and bridge maintenance. That's far short of the $1.2 billion a year Snyder says is needed to address declining gasoline tax revenue.
Snyder exercised few line-item vetoes. One deals with a high-speed rail project in southwestern Michigan.