The way state Rep. Rick Olson sees it, there are only three places to find a solution to financial problems in the Michigan Public School Employees Retirement System. “Increased contribution by employees, reductions in benefits — or find a magical money tree somewhere,” the Saline Republican said. With no magic to call on, a group […]
Senate Fiscal Agency
Posted inMichigan Government
Budget numbers improve; does it matter?
On Friday, the financial experts in the legislative fiscal agencies and the Department of Treasury will meet to agree on a new snapshot of Michigan’s economic and fiscal situation — and the trend lines for the near future. Based on these early House and Senate releases, the news should be quite positive — if you […]