Tagged: budget

Next week, President Barack Obama will present his budget to Congress. 

There's a lot of speculation about what changes will be proposed for Medicare and Social Security.

Specifically, some analysts are focusing on something called 'chained CPI.'

The Flint city council is expected to vote tonight on a plan that may set the stage for the city to emerge from state oversight. 

The council will consider asking the governor to appoint a “receivership transition advisory board.”    

Flint Mayor Dayne Walling says the board would guide the city after the departure of the emergency manager.

“This is an area of the law that we want to take advantage of,” says Walling, “We want assistance with our revenue estimates…with budget amendments.”

Lansing Mayor Virg Bernero will deliver his proposed city budget for the next year to the city council tomorrow. 

The mayor’s proposed budget is expected to deal with a projected nine million dollar budget shortfall.

A team appointed by Mayor Bernero suggested deep contract concessions by the city’s police and fire unions, among other cuts.

Tom Krug is the executive director with the local Fraternal Order of Police.

He says Lansing police officers have already agreed to more than a million dollars in contract concessions since 2009.