July 3, 2006

Granholm, Republicans strike budget deal

Gov. Jennifer Granholm and Republican legislative leaders said on Friday they have reached a tentative budget agreement that includes funding increases for schools, colleges and universities. Under the deal, Wayne State University would receive a 2.5 percent increase. The University of Michigan and Michigan State University would receive a 3 percent increase while Oakland University receives a 3.4 percent increase and Eastern Michigan University receives a 2.7 percent increase. Lawmakers are expected to vote on the budget in late July.

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