Michigan Lawmakers Propose Abolishing Economic Development Corporation Amid Criticism
SEMICONDUCTORENERGY STORAGE
Michigan lawmakers are urging the disbandment of the Michigan Economic Development Corporation (MEDC), citing ineffective use of taxpayer funds and failure to deliver promised jobs. State Representative Steve Carra introduced legislation for abolition, criticizing the agency's support for projects like Gotion's battery plant, which has faced backlash. The MEDC claims to have invested $28 million in grants, but faces bipartisan criticism over its economic impact and decision-making processes.

Feb 25, 2026, 6:20 AM