Month: September 2013

Senate Votes To Shut Down The Government

Sept. 30, 2013, Fairfax, VA—Americans for Limited Government President Nathan Mehrens today issued the following statement in response to the Senate voting down a continuing resolution that would fund the government and delay the individual mandate under Obamacare: “When Obamacare was enacted, it was without a single Republican supporting it. Now, Harry Reid has decided that rather than let the Republican-controlled House of Representatives have any say at all in the implementation of Obamacare, he would prefer to just shut down the government. To Reid and Obama, the House is nothing more than a rubber stamp for their edicts. “Now the House must stand firm and remind the Senate and White House that Congress still has the power of the purse, and that this is not one-party rule. The House is not a rubber stamp.” To view online: http://getliberty.org/senate-votes-to-shut-down-the-government/ Bookmark It Hide...

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Significant Choice And Lower Than Expected Premiums Available in the new Health Insurance Marketplace

A new report released today by the Department of Health and Human Services (HHS) finds that in state after state, consumers will see increased competition in the Health Insurance Marketplace, leading to new and affordable choices for consumers. According to the report, consumers will be able to choose from an average of 53 health plans in the Marketplace, and the vast majority of consumers will have a choice of at least two different health insurance companies – usually more. Premiums nationwide will also be around 16 percent lower than originally expected – with about 95 percent of eligible uninsured live in states with lower than expected premiums – before taking into account financial assistance. “We are excited to see that rates in the Marketplace are even lower than originally projected,” said Secretary Sebelius. “In the past, consumers were too often denied or priced-out of quality health insurance options, but thanks to the Affordable Care Act consumers will be able to choose from a number of new coverage options at a price that is affordable.” In less than a week, the new Marketplace will be open for business where millions of Americans can shop for and purchase health insurance coverage in one place. Consumers will be able to find out whether they qualify for premium assistance and compare plans side-by-side based on pricing, quality and benefits. No one can be...

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Bill Signed To Help Fill Funding Gap For Affordable Housing Projects

Legislation is one of six bills earning governor’s support LANSING, Mich. – Gov. Rick Snyder signed a bill that will help fill a gap between what a developer can pay and what banks are willing to lend for commercial mixed-use and multifamily residential developments. Senate Bill 347, sponsored by state Sen. Mark Jansen, clears the way for the Michigan State Housing Development Authority (MSHDA) to create the Michigan Mezzanine Fund, which will leverage existing funds to invest in those housing developments. It allows MSHDA to attract outside capital to help fill the funding gap and diversifies MSHDA’s revenue streams, allowing the authority to free up more funds for investment in affordable housing for the state’s low-to-moderate income residents. “The Michigan Mezzanine Fund will not only help fill a funding gap, but it will also boost the housing, real estate and construction industries in our state,” Snyder said. “This is an important part of our plan to revitalize Michigan’s urban cores.” MSHDA, which provides financial and technical assistance through public and private partnerships, will serve as general partner of the fund. The investment fund will be seeded with $25 million in non-taxpayer dollars, and leverage that with an additional $75 million-$100 million in private investments. The fund will then fill the gap between the equity a developer can bring to a project and the 60-70 percent that banks are willing...

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2013 Mackinac Bridge Walk Social Media Promotion Winners Announced

– The public shared more than 230 bridge walk memories with MDOT on Instagram and Twitter, including 186 photos and six videos – Remus resident Rachel Baldwin won a tour of the top of the Mackinac Bridge after the photo she shared was chosen at random. – Lisa Hensel of Parker, Colo., won a Pure Michigan gift pack for traveling the farthest for this year’s bridge walk and sharing her experience. September 24, 2013 — Rachel Baldwin of Remus is the grand prize winner of the Michigan Department of Transportation’s (MDOT) 2013 Labor Day Mackinac Bridge Walk social media promotion. Baldwin won a trip to the top of the Mackinac Bridge after the photo she shared with MDOT on Instagram was chosen at random by computer. She will be able to take this once-in-a-lifetime tour sometime in 2014. Lisa Hensel from Parker, Colo., won a Pure Michigan prize pack for being the person to travel the farthest to walk the bridge this year and share her experience with MDOT on social media. This is the second year in a row MDOT has held the bridge walk social media promotion. In 2012, more than 90 memories were shared by the public, including 34 photos and five videos. “The annual Labor Day Mackinac Bridge Walk is a Pure Michigan tradition unlike any other, and this social media campaign perfectly captures the...

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Business Expansion, Community Improvement Projects Win State Approval

LANSING, Mich. – The Michigan Economic Development Corporation today announced Michigan Strategic Fund approvals of incentives and grants to seven projects across the state that in total will mean nearly $111.1 million in private investment and 333 new jobs in Michigan. “Today’s wide ranging new projects will all lead to greater economic opportunities for people across Michigan,” said Gov. Rick Snyder. “These new investments demonstrate that Michigan is proving to be a more attractive place to do business and create jobs and reinforce once again that Michigan is America’s Comeback State.” The MSF-approved projects include one in the Thumb region, two in Southeast Michigan, two in Grand Rapids and two in Northern Michigan. Michigan Business Development Program incentive: Dairy Farmers of America, a national milk marketing cooperative, plans to build and equip a new dairy manufacturing plant at a site in the Village of Cass City, investing $40 million and creating 25 jobs. As a result, the company has been awarded a $500,000 Michigan Business Development Program performance-based grant. In addition, the Michigan Economic Development Corporation is awarding the company $300,000 in corporate funds. MSF also approved a $1 million Community Development Block Grant program infrastructure grant for wastewater treatment facility improvements needed for the plant. The Village of Cass City has offered support to the project by providing revenue bonding necessary for a wastewater treatment plant and public...

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