LANSING, Mich. — Senate Appropriations Minority Vice Chair Jon Bumstead, R-North Muskegon, made the following statement after state fiscal and economic leaders made their economic and state tax revenue projections during Friday’s annual May Consensus Revenue Estimating Conference:
“Today’s report should serve as a sobering warning against reckless spending in Lansing. As the economy cools off and record inflation continues to eat away at household incomes, the Legislature must prioritize the needs of struggling Michigan taxpayers and budget responsibly.
“Now is not the time to grow the size of state government in unsustainable ways. Now is the time for lawmakers to work together to fund the important priorities we have in common, such as investing in education, improving our roads and infrastructure, providing for public safety, paying down our debts, and providing for meaningful tax relief to help all Michiganders.”
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