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The Michigan Messenger going forward

By Staff Report | 11.16.11

I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]

Colorado-based abstinence program provided false and misleading information to Michigan students

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By Todd A. Heywood | 11.16.11

An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.

Class action lawsuit filed against MERS over unpaid taxes

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By Todd A. Heywood | 11.15.11

Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.

Schuette fights important mercury regulations

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By Eartha Jane Melzer | 11.14.11

Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.

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Oil company tax breaks upheld in Senate

By Eartha Jane Melzer | 05.18.11 | 10:57 am

The Senate has blocked a Democratic proposal to reduce the deficit by eliminating tax breaks for big oil companies. The move was expected to yield $21 billion over ten years.

On Tuesday night a procedural motion needed to move the bill forward failed to get the needed 60 votes.

The New York Times reports:

In the 52-to-48 vote, 3 Democrats joined 45 Republicans in opposing the bill, which was supported by the Obama administration and fiscal watchdog groups that saw the tax help for the oil industry as wasteful. Forty-eight Democrats, two independents and two Republicans backed it.

Energy-state Democrats criticized the initiative, saying it was misdirected and would do nothing to ease gasoline prices and could cost American jobs.

The bill would have ended benefits for Exxon Mobil, Chevron, BP, Shell Oil and ConocoPhillips which together made more than $30 billion in profit in the first quarter of 2011.

A Congressional Research Service analysis of the proposal last week found that eliminating oil company tax breaks would not increase gas prices.

An NBC/Wall Street Journal poll conducted in February found that 74 percent of those surveyed support eliminating tax breaks for oil and gas companies.

Comments

  • Anonymous

    How this is even a debatable issue is beyond me. It shows just how out of touch legislators can be. There is no way that OUR tax dollars, because remember that the top five oil comapnies paid NO taxes, is best put to use by subsidizing the most profitable businesses on Earth. The argument that it would cost jobs is a blatant myth. The argument that prices will have to go up, is also a myth, Over the past few years, each of the top five oil  companies has continually downsized their workforces on their own to help maximize profitablity. I mean, in this era of “pay down the national debt” mindset put in the forefront by the Tea Party and Republican Party, wouldn’t it just be a no brainer to put this money towards this goal that other legislators want to do fanatical things like eliminate Medicare to cure? Rediculous is even too mild of a word.  Pure, raw greed, easy profits and lobbyist reelection funds are the only forces at work here. Shameful!!!