Michigan Gov. Snyder to Economic Critics: 'I'm a Very Frugal Guy'

Image: Michigan Gov. Snyder to Economic Critics: 'I'm a Very Frugal Guy'

Tuesday, 10 Jun 2014 06:26 PM

By Greg Richter

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Republican Gov. Rick Snyder says he isn't being too pragmatic or a RINO — Republican in name only — he's just doing what's best for his state in securing a minimum-wage deal and other recent efforts to help ailing Detroit and fix roads and bridges.

"I'm a very frugal guy. I'm the token CPA governor in the country, and I'm proud of that," Snyder said Tuesday on Fox News Channel's "Your World with Neil Cavuto."

Michigan's Republican-controlled legislature on May 27 passed a bill raising the state's minimum wage to $9.25 per hour by 2018. Snyder signed the bill into law the same day.

The law ties minimum wage increases to inflation after 2019, with a cap of 3.5 percent per year. Michigan's current minimum wage is $7.40 per hour.

Michigan made the move in an effort to stop a ballot initiative that, if passed by voters, would have raised the state minimum wage to $10.10 per house by 2017 with it being indexed to inflation after that.

The ballot initiative would have raised the minimum wage to $10.10 even for tipped workers, Snyder told Cavuto. The current wage for tipped workers is $2.65 per hour and the new law sets it at 38 percent of the rate for other workers.

Senate Majority Leader Randy Richardville said at the time that tourism, restaurants and young workers would have been harmed by the ballot proposal.

President Barack Obama has fought unsuccessfully to raise the federal minimum wage to $10.10 per hour, so several Democratic-led states have been pushing for state increases instead.

Snyder said the new rate was the result of bipartisan compromise, and disagreed with Cavuto's assertion that the Chamber of Commerce and state restaurant association were furious over the deal.

Snyder said he talked to the business community and assured them the deal was the best way to resolve the issue without seeing job cuts.

He said there is no direct connection between getting Democrats to sign onto the deal and a tax plan to help repair roads and bridges for $1.5 billion.

His outlook is about restoring Michigan's economy, he said, and that includes the recent vote by the state Senate to approve $195 million to aid the ailing city of Detroit.

"I don't want people to just judge me by what I said," Snyder said. "But did I do what I said I was going to do, and is Michigan better off because we've solved structural fundamental issues?"

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

US Judge Blocks Enforcement of New La. Abortion Law

Sunday, 31 Aug 2014 22:31 PM

A federal judge has temporarily blocked enforcement of Louisiana's restrictive new abortion law.District Judge John deGr . . .

Report: Doctors Bringing Joan Rivers Out of Medical Coma

Saturday, 30 Aug 2014 18:19 PM

Comedian Joan Rivers, who went into cardiac arrest at a doctor's office, was being brought out of her medically induced  . . .

All 5 Aboard Small Plane Killed in Crash at Colorado Airport

Sunday, 31 Aug 2014 20:08 PM

All five people aboard a single-engine airplane were killed when it crashed on Sunday in a field adjacent to a runway at . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved