Gov. Gretchen Whitmer is expected to pitch spending $500 million of additional federal taxpayer money on private companies that produce electric vehicles (EV). The governor will discuss her proposal on Wednesday at 11 a.m.
However, it’s unclear if general economic development is an approved use of federal COVID dollars under U.S. Treasury guidelines.
The Detroit News first reported the story.
A majority of voters support school choice, a new poll from Echelon Insights shows.
Among more than 1,100 registered voters surveyed, 65% support school choice compared to 19% who oppose it, while 16% remain unsure.
The findings were consistent across party lines, with 75% of Republicans, 60% of independents, and 61% of Democrats saying they strongly or somewhat support school choice. Most voters in both parties agree parents should control all or some of the tax dollars they pay for education.
Senate Majority Leader Paul Gazelka, R-East Gull Lake, and Sen. Zach Duckworth, R-Lakeville, on Friday announced a package aiming to spend billions of federal dollars on hard-hit industries, filling the unemployment fund, and infrastructure plans.
“These one-time funds provide us with the chance to set Minnesotans on a path for long-lasting growth. By targeting our spending for maximum impact, we are setting Minnesotans up to rebuild their community connections, invest in their families, and help our businesses recover and grow.” Duckworth said in a statement. “Most importantly, these investments are being made without increasing taxes on Minnesotans who have already sacrificed so much in the last year.”
The bill language, expected to be released next week, seeks to direct $2.5 billion of the American Rescue Plan to Minnesotans hardest hit by the pandemic and promote economic growth, according to a press release.
by Hannah Bogorowski China’s central bank announced late Sunday that it is planning to unleash nearly 700 billion yuan ($107.5 billion) into the financial system by cutting the amount of cash some banks must hold as reserves by 50 basis points. The People’s Bank of China (PBOC) said on…