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Corporate Welfare to Increase $20M
Corporate welfare, business subsidies and other handouts will increase $20 million, to $195 million, in Gov. Rick Snyder’s proposed 2013 budget, according to MLive.com, causing concern for one Mackinac Center analyst.
“I hope that the governor doesn’t scale these programs up year after year as we’ve seen happen in the past two administrations,” Michael LaFaive, director of the Morey Fiscal Policy Initiative, told MLive.com.
Funding for movie subsidies and the Pure Michigan tourism campaign that benefits an industry which refuses to help fund the service will remain at $25 million each, MLive.com reported.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.
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