Posted inBusiness Watch

State government ‘spends’ $30 billion more this year than you think

(courtesy image/used under Creative Commons license) Officially, Michigan’s state government is spending $48.2 billion this year on education, health care, prisons, transportation and all other spending programs. But the state actually is shelling out $78.9 billion — 64 percent more than the spending allocated through the state budget. It’s happening through something called “tax expenditures”—tax […]

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