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Thu November 4, 2010
In this morning's news...
Granholm Meets With Snyder
Governor Granholm sat down with her soon-to-be successor yesterday in Detroit. Michigan Radio's Sarah Hulett covered the meeting, she said, "Granholm and Governor-elect Rick Snyder shook hands and posed for pictures." Snyder said Granholm was "gracious" for meeting with him before she leaves this week for a trade trip to South Korea.
Lower Than Expected Voter Turnout
Voter turnout in the state on Tuesday was lower than Michigan election officials had predicted. Secretary of State Terri Lynn Land expected 52% of eligible voters would show up to the polls on Election Day. As of yesterday, the unofficial tally stands at 45%... that's about 3.3 million people.
Michigan Congressional candidates received a lot of money from out of state political parties in Washington, unions, and non-profits. Rick Robinson, who is with the non-partisan Michigan Campaign Finance Network, estimates $16.8 million of the $40 million spent in the Congressional campaigns came from outside sources.
GM Predicts Income
When General Motors announces its net income next week, the automaker predicts it'll be between $1.9 billion and $2.1 billion for the third quarter. GM says it expects revenue of about $34 billion. The news comes as the automaker prepares for its initial public stock offering that's expected to come in mid-November.