6A - Thursday, January 20, 2011 The Michigan Daily - michigandailycom 6A - Thursday, January 20, 2011 The Michigan Daily - michigandailycom SNYDER From Page 1A creativity, and this enables us to touch more lives of more consumers in more parts of the world." Though it was announced last night, the partnership between the URC and P&G hasn't yet been finalized. According to Popyk, the negotiations have been ongoing for several months, and the deal is expected to be finalized in Febru- ary. SNYDER TO CUT MICHIGAN BUSINESS TAX Snyder said in his speech that he will eliminate the Michigan Busi- ness Tax in his two-year budget proposal to be submitted to the state legislature in mid-February. The governor added that he hopes the legislature will have the budget completed by May 31. Snyder said he plans to replace the "job-killing" business tax with a 6 percent corporate income tax. Repealing the business tax would create a large revenue shortfall in the state budget, but Snyder didn't say how, or if, that shortfall would be replaced. Many, including Coleman, have speculated that the state could cut higher education funding in order to balance the budget. But Cole- man said it is too early in the budget process to determine how potential cuts would affect the University. "(Snyder) has used the words 'shared sacrifice,'so I don't know yet what this means," Coleman said. "I know, though, that the governor has a deep appreciation for the role of universities in society and for access for students, but it's just too earlyto tell." In an interview last week, Uni- versity Provost Philip Hanlon said the University plans several budgets to prepare for however high or low the state appropriation is. "Gov. Snyder wants to reform the business tax, which, in the short run, will lower revenue even lower (than it already is)," Hanlon said. "So that leads to uncertainty. It's quite certain that there will be a gap between the current year's expenditures and next year's rev- enues for the state. So, what they have to do is close that somehow, and what we don't know is how they'll do that." In the current state budget, signed into law by former Demo- cratic Gov. Jennifer Granholm last October, the University received $316 million from the state - a 2.8-percent decrease from the pre- vious year. In the official Democratic response to the State of the State address, Senate Minority Leader Gretchen Whitmer (D-East Lan- sing) lambasted Snyder, saying that eliminating the Michigan Business Tax would create a budget hole that would adversely affect government services. However, Whitmer said the Dem- ocrats in the state legislature would be willingto work with Snyder if the proposed legislation is prudent, no matter which party came up with the plan. "We are eager to take a look at anything that really makes Michi- gan more competitive and creates jobs while protecting the things that make our state great, like our educa- tion and public safety," she said. SNYDER VOWS TO IMPROVE, UNIFY STATE Echoing sentiments from his Jan. 1 inaugural address, Snyder pledged to better the state by working with Republicans and Democrats alike. Throughout his speechlastnight, Snyder discussed several plans to create jobs and improve Michigan's economy. "The path to a bright future is based on all of us contributing to the solution," Snyder said. "Tonight, I will start with specifics on the topic of economic development. Simply put - job one is jobs." Snyder said he is forming a group made of the Michigan Economic Development Corp, the Michigan Department of Transportation, the Michigan State Housing Develop- ment Authority and the Michigan Department of Energy, Labor and Economic Growth to help the state bounce back from the recession and produce more jobs. He also announced his support for the Detroit International River Crossing project that would build a second bridge spanning the Detroit River toconnectDetroittoWindsor, Ontario. Snyder said he brokered an agreement with the Federal High- way Administration last week in Washington, D.C., in which the federal government would match the $550 million the Canadian gov- ernment is supplying for the bridge project. Snyder proposed several other programs to foster economic growth including expanding the scope of the MEDC and encourag- ing educated foreign immigrants to move to the state. He added that it is the responsibility of all Micjgan- ders to work together to move the state forward. "We can, and indeed we must, begin right now to build a Michi- gan where the next generation has the chance to live, to work, to play, to prosper," Snyder said. "So let's roll up our shirt sleeves and get to work." UN adds 2,000 troops to Ivory Coast force Despite threat, Ouattara, declared the winner of the elections, has been unable incumbent president to assume the presidency because Gbagbo refuses to leave office refuses to step down despite sanctions, multiple visits by African leaders and now the UNITED NATIONS (AP) - The threat of a military ouster. U.N. Security Council yesterday "I regret to announce that the voted unanimously to deploy breakthrough that was needed 2,000 additional peacekeepers did not materialize," Odinga said to Ivory Coast, where the incum- in a statement issued yesterday bent president has refused to morning. relinquish his post to the man Odinga said Gbagbo had bro internationally recognized as the ken several promises that he had West African country's legiti- made to lift a blockade put in mate leader. place around the Abidjan hotel Ivory Coast has seen violence where Ouattara is confined. and increased tension since the "Mr. Gbagbo gave mean assur- disputed presidential election in ane that this blockade would be November. The new U.N. troops, lifted yesterday, but he broke that to be deployed through June, promise - for the second time in would bolster the world body's two weeks," Odinga said. peacekeeping force to nearly Swiss authorities, meanwhile 12,000. were moving to immediately African Union envoy Raila freeze any assets belonging to Odinga, Kenya's prime minister, Gbagbo, Swiss President and For- said yesterday that despite two eign Minister Micheline Calmy- days of meetings he has failed Rey said yesterday. It was not to persuade incumbent Laurent immediately known how much * Gbagbo to relinquish the presi- money Gbagbo may have in Swiss dency to Alassane Ouattara. bank accounts. "PRIME" PARKING FOR Sale We are working the rates.... Parking available Now at 520 Packard & 511 Hoover! Also, 2011-12 Parking for Sale Many "Prime" locations throughout central campus. Call 734-761-8000 *AVAILABLE FALL 2011* Large 3 bdrm. house. Walking distance from campus. 945 Woodlawn. 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