Surprise! Michigan isn't broke
Andrew Norton
Well, this year anyway. The state finished up its fiscal year which ended September 30, 2007 with a surplus of more than $350 million. Don't pop the champagne corks and start the victory parade just yet, though. Dire predictions of another budget shortfall for 2008 abound. Hopefully the experts are wrong and we can start to build some economic momentum here in Michigan.
Read the article in The Detroit News