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May 21, 2008

is a $1.3 B environmental bond in Michigan's future?

The problem is real; and the cupboard is bare for most of the state's toxic cleanup funds.  No one appears to disagree on the need, just whether bonding (and resultant increased public debt) is the answer. Interesting that business seems more supportive of the approach than some in the environmental community.

LANSING — The Michigan Department of Environmental Quality is laying groundwork for a $1.3 billion environmental bond proposal that would include money to clean up and redevelop contaminated sites, protect and restore Great Lakes water quality and preserve land.

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