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4 Things to Know About Trump’s Tax Bill Creating a Projected $1.1B Hole in Michigan’s Budget

MICHIGAN, AUG 4 – Michigan faces a $1.1 billion budget gap from Trump’s tax bill, driven by $667 million in corporate tax losses and $450 million in Medicaid cuts, officials warn.

Summary by Michigan Live
The projected shortfall will likely put a wrench into ongoing negotiations over a long-term road funding plan for Michigan.

4 Articles

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Michigan Live broke the news in Michigan, United States on Monday, August 4, 2025.
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