Friday, January 18, 2019

More Budget Reform Ideas for 2019 Plenty of useless spending can be cut this year - Michael D. LaFaive, Macinac Center

Eliminate most if not all general fund dollars to the University of Michigan’s main campus. Savings: $212 million. The Mackinac Center first recommended this cut in 2004. The University of Michigan is wealthy enough to pay its own way. It is worth mentioning that this appropriation from the General Fund is not the only source of state funding for the university. It also receives dollars from the School Aid Fund, which could also be redirected to some higher priority.The university could afford this cut, as the subsidy is only a small part of its operating budget, and it’s small in comparison to its wealth. In addition, equity calls for a cut. https://www.mackinac.org/more-budget-reform-ideas-for-2019