Experts expect Michigan's economic woes to continue
December 23, 2009 5:43 PM
MICHIGAN (NEWSCHANNEL 3) – Experts say Michigan's budget crisis will continue into 2010.
The non-partisan Senate Fiscal Agency says the state will be facing another $1.8 billion shortfall when the next fiscal year rolls around in October of 2010.
The report says lawmakers are going to have to make "very significant" spending cuts, or they're going to have to find a way to increase revenue.
The agency also expects the unemployment rate to hover around 16.1 percent through 2010.
