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Business Leaders for Michigan Statement on Governor Whitmer’s Budget Recommendation

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Business Leaders for Michigan statement on Governor Whitmer’s FY2023 Executive Budget Recommendation 

We welcome key elements of the Governor’s budget, including funding to improve infrastructure, provide resources to K-12 schools and the state’s universities, and invest more in economic development incentives to help win jobs and new businesses. We look forward to working with legislative leaders and the Governor to ensure the state uses our once-in-a-generation opportunity to invest and transform. In five, 10, 20 years, we want to be able to look back and say we made the right choices to secure the future for all Michiganders.

Following the release of Governor Whitmer’s executive budget recommendation, we urge the administration and legislative leaders to consider whether the investments we make today will help change Michigan’s trajectory. Business Leaders for Michigan’s recently released benchmarking study shows the state has one of the lowest labor force participation rates in the country (ranked 41st) and the state’s educational attainment rate, while improving, has a long way to go (ranked 35th). Michigan must use one-time dollars and surpluses in a way that will help improve our education system over the long-term, make us more competitive for job growth, and help Michiganders get the skills and training they need to become more prosperous. 

–          Jeff Donofrio, President & CEO, Business Leaders for Michigan

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About Business Leaders for Michigan:
Business Leaders for Michigan, the state’s business roundtable, is dedicated to making Michigan a Top 10 state for jobs, education, widely shared prosperity and a healthy economy. The organization is composed exclusively of the executive leaders of Michigan’s largest companies and universities. Our members drive nearly 40% of the state’s economy, generate over $1 trillion in annual revenue and serve nearly half of all Michigan public university students.  Find out more at www.businessleadersformichigan.com.

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