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  1. #1
    Join Date
    May 2009
    Posts
    3,501

    Default Could The Projected MI Budget Surplus Be Used For Roads?

    http://www.detroitnews.com/story/new...ools/77784192/

    Couple thoughts:

    1). Isn't increased money for roads dependent on budget surpluses? Could this speed up such spending?

    2). My reading of economic data is that the national economy continues to grow year by year the further we get from 2008 Great Recession. Best I can guess is that tax revenues will continue to rise until there is some cyclical decline in the national economy.

    This is going back to 2009, but didn't the federal government have big pots of money for roads and bridges as part of the stimulus package, BUT the states were too broke to pay their share as part of matching funds projects? Had to pass up the opportunities?
    Last edited by emu steve; December-23-15 at 05:03 AM.

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