State has huge $9.2B surplus to help navigate a likely economic downturn

Michigan’s fiscal experts came together Friday for the year’s first Consensus Revenue Estimating Conference (CREC), where top officials from the Treasury Department and the nonpartisan House and Senate fiscal agencies presented revised economic and revenue forecasts for Michigan. The top takeaways: Michigan continues to recover well financially from the COVID-19 pandemic, but a mild recession … Continue reading State has huge $9.2B surplus to help navigate a likely economic downturn