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Pension plan draws fire from Michigan lawmakers

By AP

LANSING, MI –
Gov. Rick Snyder's administration is trying to shore up support for some of its budget proposals thatare running into opposition in the Michigan Legislature.

Lt. Gov. Brian Calley was detailing the administration's tax restructuring plans Wednesday to members of the House Tax Policy committee.

Treasurer John Nixon answered questions for members of the House Appropriations Committee.

The Republican governor's plan to eliminate tax exemptions on pensions is drawing opposition from some members of his own party.

Lawmakers also are concerned about proposed cuts to education funding and proposed cuts to tax revenue sharing payments made to local governments.

Snyder and lawmakers are trying to eliminate a projected budget shortfall of roughly $1.4 billion for the fiscal year that begins in October.

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