Michigan taxpayers deserve to know how the state’s multibillion-dollar economic development enterprise is performing. Recent revelations about the Michigan Economic Development Corp. (MEDC) paint an alarming picture. Attorney General Dana Nessel just suggested that the state pause the corporation’s funding. We should go further. The attorney general is investigating a $20 million grant the MEDC gave to a politically connected businesswoman, Fay Beydoun.

Nessel told WDIV’s Flashpoint that most state earmarks are spent well. “But money going to the MEDC has us deeply concerned,” she said.

Then she dropped the hammer: “Each day we learn new things about this agency that lead me to believe that until there’s better oversight, perhaps they shouldn’t be receiving any state funds at all.”

Thos

See Full Page