Sen. Thomas Albert: Abolish MEDC, end Michigan’s ‘failed corporate welfare’

Sen. Thomas Albert: Abolish MEDC, end Michigan’s ‘failed corporate welfare’

Sen. Thomas Albert, R-Lowell, calling for an end to what he labeled Michigan’s “failed corporate welfare,” is backing a 53-bill package to dismantle the Michigan Economic Development Corporation and replace it with a new, more accountable system. “The MEDC has failed massively and is beyond repair,” Albert said in a press release. “They have wasted billions of taxpayer dollars on risky corporate giveaways and suspect grants to politically connec…