Michigan lawmakers finalize $85B budget after all-night legislative session

Michigan lawmakers passed an $85 billion budget for the 2026-27 fiscal year after an all-night session, avoiding a government shutdown. The budget includes $63 billion for state agencies and $22.9 billion for K-12 and higher education, with funding sourced from general and school aid funds. Lawmakers addressed a $1 billion revenue shortfall through cuts and efficiencies but did not implement new taxes proposed by Governor Gretchen Whitmer.