Dreading filing your taxes? You're not alone. Let us make it a little easier with this list of answers to common questions about tax season, including Michigan-specific information and help.
The debt ceiling is a numerical limit, set by Congress, on how much money the federal government can borrow to pay its bills. Increasing the debt ceiling is a routine congressional task, but Republicans want to hold it hostage to make cuts to Social Security and Medicare, even though failing to raise the limit would cause massive economic devastation.
Hundreds of thousands of Michigan families could soon see thousands of more dollars in their pockets if the state legislature backs Democrats’ plan to repeal the state retirement tax and expand Michigan’s Earned Income Tax Credit.
The US Department of Energy today announced the closing of a $2.5 billion loan to help finance the construction of three new lithium-ion battery cell manufacturing facilities—including a factory in Lansing that'll employ an estimated 1,700 people and lead to more than 2,000 new construction jobs.