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By KATHY BARKS HOFFMAN, Associated Press Writer – 43 mins ago
LAINGSBURG, Mich. – Economically beleaguered Michigan faces a possible government shutdown — shuttering highway rest areas, state parks, construction projects and the state lottery — if lawmakers fail to reach a budget deal by next week.
The state with the nation's highest unemployment rate has a nearly $3 billion shortfall. Federal recovery act money will fill more than half the gap, but the spending cuts or tax increases needed to fill the rest have caused bitter infighting at the state Capitol.
"It's the same thing that happened in 2007. The game has become more important than the results. Having an issue has become more important than having a solution," he said. "That's not the way democracy was designed to work."
Originally posted by Sliadon
Just giving everyone an update with how bad the situation in the US is looking with the economy. The forecasts by Ben Bernake and other US experts change each week about whether or not we are doing better. Numbers don't lie and this story shows some of that.
Originally posted by stevegmu
Michigan is by no means a barometer of the condition of the US economy.