Whitmer's Economic Bills Face Senate Opposition

Governor Gretchen Whitmer of Michigan has signed into law bipartisan legislation, including the Research and Development (R&D) Tax Credit and the Michigan Innovation Fund, to foster economic growth and innovation in the state. The R&D Tax Credit aims to incentivize research activities by offering financial benefits to businesses, while the Innovation Fund provides early-stage capital to startups. These measures are expected to enhance Michigan's business environment, creating well-paying jobs and supporting entrepreneurs, despite some opposition in the Michigan Senate. Whitmer's administration seeks to collaborate with the incoming federal administration, finding common ground on economic priorities like Trump's proposed tariffs. The package of bills is seen as a significant step in ensuring Michigan becomes a leading state for innovation and entrepreneurship.