WASHINGTON - President Barack Obama used his State of the Union address to call on Congress to lower the corporate tax rate by closing industry-specific loopholes, find spending cuts across the government and invest more money in education, infrastructure and research. The president also called for a five-year freeze on nondefense discretionary spending. "We need
LANSING - Legislative Democrats continued their message of working with Gov. Rick Snyder to improve the state's economic climate after his State of the State Address Wednesday, but are also pushing for more details as to his tax policy and budgetary plans. "In recent history, the opposing party used their response to criticize and undermine
LANSING ? Gov. Rick Snyder Friday announced he has appointed trustees to serve at Central Michigan University, Grand Valley State University and Northern Michigan University. ?These individuals have proven themselves among the very best in their fields, and I have every confidence they will provide the leadership these universities need as we work to structure
LANSING - Legislative Republicans reacted with enthusiasm to most of Snyder's proposals and even put a best face on what's their biggest defection with the governor to date: the Detroit River International Crossing. "We absolutely have our work cut out for us," House Speaker Jase Bolger (R-Marshall) said after the speech. Bolger said Republicans had
LANSING - Michigan Economic Development Corporation CEO Michael Finney Friday filled out his staff by hiring Amy Cell from Ann Arbor SPARK to lead his talent and entrepreneurial education efforts and Oakland County Deputy Executive Douglas Smith to coordinate his strategic partnerships. Cell, vice president of talent enhancement & entrepreneurial education for Ann Arbor SPARK,
LANSING - Governor Rick Snyder will call on the Legislature to end Michigan's item pricing law as a way of helping cut costs to business, and will say the state needs a new bridge between Windsor, Ontario, and Detroit. Snyder will also call for eliminating the Michigan Business Tax as part of his budget proposal.
LANSING - Most of Governor Rick Snyder's top leaders and advisors will be paid more than their counterparts under former Governor Jennifer Granholm, according to salary data released Friday by the administration. And the pay rates, particularly the raises, could become issues in state employee contract negotiations later this summer. The top paid people in
LANSING - Both Michigan and the national economy are growing, but growth will be very slow, economists said at the Revenue Estimating Conference on Friday, and it could still be another decade before the state recovers to the point it was in 2000. And there are still major potential threats that face the economy as
FARMINGTON HILLS ? To show you just how tough times are in Michigan these days, a survey shows that 95 percent of respondents could not easily pay an unexpected repair bill of $1,500, while 41 percent reported they have been harassed by debt collectors in the previous 90 days. "While we were surprised at some
ANN ARBOR - The Venture Michigan Fund II, Limited Partnership announced Tuesday that it has launched a new $120 million fund to invest in high quality venture capital funds committed to investing in Michigan based high technology companies. VMF II will invest in venture capital funds targeting seed and early stage capital Michigan companies in