Snyder: Use Surplus For Mix Of Needs, Tax Relief - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Snyder: Use Surplus For Mix Of Needs, Tax Relief

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LANSING, Mich. (AP) - Gov. Rick Snyder says he wants to avoid "playing politics" with Michigan's projected $1.3 billion budget surplus over two fiscal years, using it for a combination of spending on long-term needs like retirement funding and a rainy day fund and tax relief for working residents.

Snyder made the statement in his annual State of the State address Thursday night at the Michigan Capitol.

He says lawmakers should look at deferred public needs and as well as the financial assistance for taxpayers.

Snyder says areas that could use funding include future state employee retirement costs and the state's rainy day fund, which evens out revenue in hard times.

He also says working people face many personal financial challenges, and tax cuts aimed at them could ease their lives a bit.

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