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Tue May 10, 2011
In this morning's news...
Funds for High Speed Rail
Michigan has been awarded almost $200 million for high speed rail projects. Transportation Secretary Ray LaHood was in Detroit yesterday to make the announcement. Governor Rick Snyder, Detroit Mayor Dave Bing and other Michigan lawmakers were on hand. The money will help pay for upgrades to a stretch of track between Detroit and Kalamazoo. The improvements will also help speed-up trains to 110 miles-per-hour. Michigan received the funds after Florida’s governor turned the money down.
State Senate to Take-Up Snyder Tax Measure
A Michigan Senate panel is set to hold a hearing on a broad tax proposal that's a key part of Governor Snyder’s strategy for the state, the Associated Press reports. From the AP:
The Reforms, Restructuring and Reinventing Committee is scheduled to take testimony Tuesday on legislation that would cut overall business taxes and lead to taxes on certain types of retirement income.
The Republican-led House passed the main bill in the package by a 56-53 vote last month. The legislation will face a tough challenge in the GOP-led Senate because some Republicans already have come out against it…
Democrats generally oppose the plan.
Another Round of Federal Funds for Education
Michigan and other states may soon compete against one another to try to win a new round of grants from the U.S. Department of Education, Jennifer Guerra reports. From Guerra:
Congress allotted another $700 million to Race to the Top, the education reform program where states compete for federal grants. It’s not clear just yet how the money will be used, but some analysts say it’s likely the money will go toward improving early education.
John Austin is president of the Michigan Board of Education. He says "early childhood education expansion of pre-K to all interested is a fantastic investment." It would cost about $300 million to expand pre-K and kindergarten access to all children in Michigan, says Austin.
So far, the U.S. Department of Education has awarded 13 states and the District of Columbia Race to the Top funds. Michigan has yet to win any Race to the Top money.