Michigan Senate Republicans have introduced a bill package to eliminate the state’s economic development agency and other business incentives programs.

State Sen. Thomas Albert, R-Lowell, who is spearheading the 53-bill package, says the legislation would reduce corporate welfare and bad investments that he claims stem in part from the Michigan Economic Development Corporation (MEDC).

“The MEDC has failed massively and is beyond repair,” Albert said last week. “They have wasted billions of taxpayer dollars on risky corporate giveaways and suspect grants to politically connected recipients. It’s time to shut down the MEDC, retain only those programs with a proven track record and ensure decision-making for taxpayer-funded projects has accountability.”

Though not an official state departm

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