LANSING, Mich. (WLNS) — Michigan Governor Gretchen Whitmer and State Budget Director Christopher Harkins outlined the governor’s fifth executive budget recommendation Wednesday morning.
The 2024 Fiscal Year plan primarily focuses on lowering costs, growing Michigan’s economy, and building a better future, Whitmer said.
All in all, the budget recommendation rounds out to $79 billion.
When it comes to lowering costs, Whitmer wants to:
- Roll back the retirement tax
- Expand the Working Families Tax Credit
- Provide pre-K for all of Michigan’s 4-year-olds
- Give tax credits to child care and preschool teachers
- Pause the Sales and Use tax on electric vehicles
Another aspect of the plan is to try and lurer an insulin manufacturer to the state in an effort to help those who suffer from diabetes.
Haskins is presenting the Executive Budget alongside Whitmer and other officials to a joint session of the House and Senate Appropriations Committees at the State Capitol.
Here are the key pillars of the plan:
Education – Getting Kids Back on Track
Public Health – Strengthening Families
Public Safety – Keeping Communities Safe
You can learn more about Whitmer’s budget plan by clicking the link below.
In addition, you can watch the whole breakdown at the top of the page.