Do you think two signatures are enough to approve state business incentives?

Jun 11, 2014

Credit User: Daniel Kulinski / Flickr

One state lawmaker says it's "like controlling very large purse strings with very little accountability."

Since 2011, more than $65 million in state money has been awarded to businesses all around Michigan, all on the signatures of just two individuals.

Is this a worrisome lack of transparency? Or a good effort by the Michigan Economic Development Corporation to be nimble, to be able to get state incentives into the hands of businesses to help them grow and strengthen Michigan's economy?

Chris Gautz reported on this for Crain's Detroit Business.

*Listen to full interview above.