$50 Million In Public Money Wasted On Private-Equity Potash Venture
When Governor Whitmer signed the bipartisan Building Michigan Together Plan, she chose to allow a $50 million subsidy to Michigan Potash Company to remain in the bill. MCWC and other concerned groups and citizens learned about this gift to a poorly conceived start-up project only days before the bill came out of the legislature for signature. We have been investigating and opposing this unnecessary and potentially destructive scheme for the last 6 years. Clearly neither the legislature nor the Governor took the time to investigate this venture before slipping it into the otherwise decent infrastructure bill.
The people of Michigan deserve a better deal.