subsidies

Politics & Government
3:34 pm
Tue November 5, 2013

Study: 436,000 Michiganders qualify for subsidized healthcare

A nurse administering a shot.
Steve Carmody Michigan Radio

More than 436,000 Michigan residents will qualify for tax subsidies under the Affordable Care Act, according to a report released today from the Kaiser Family Foundation.

According to the study, 17 million Americans are eligible for tax credits that will lower their cost of coverage.

Most of those eligible folks come from states with high populations: Texas, for instance, is estimated to have over 2 million residents who would qualify for subsidies.

California’s not far behind with $1.9 million.

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Energy
2:01 pm
Tue October 9, 2012

Chair of House Energy and Commerce Committee suggests cutting subsidies for oil and gas companies

Congressman Fred Upton
Republican Conference Creative Commons

Congressman Fred Upton says he’s in favor of getting rid of federal subsidies for the oil and gas industry.

He made the comments during a debate last Monday night in Kalamazoo. The debate was hosted by The Kalamazoo Gazette/Mlive.com and public radio station WMUK. You can hear the entire debate on their website.

During a discussion about renewable energy, Upton said the country “doesn’t need tax subsidies” for any energy companies.

Upton railed against President Obama’s investment in failed solar panel company Solyndra.

“We don’t need subsidies like this, particularly when the taxpayer losses every dime in their pocket. So I’m for putting all of these on an even footing. Let’s look at the oil and gas subsidies. Let’s taken them away. Let’s let them compete just like everyone else at the same level. We can do that with the tax code to take those special provisions away,” Upton said.

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Economy
4:01 pm
Sat July 9, 2011

Ethanol subsidies & Michigan corn growers

(photo by Steve Carmody/Michigan Radio)

Michigan corn farmers may be losing a ‘safety net’.   The Congress is expected to vote soon on ending ethanol subsidies.    The move is expected to save the federal government $1.3 billion this year. 

Ethanol in the United States is mainly produced using corn.  Michigan farmers increased their corn production in recent years as federal mandates required ethanol in gasoline.  

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Environment
12:18 pm
Thu July 7, 2011

The sugar beet comeback

Sugar beets competing at a state fair
(Photo courtesy of Flickr user kregarious)

Sugar beets are large white beets that grow well in Michigan’s cooler climate. In fact, farmers have grown sugar beets in the Bay area for more than 100 years. The beets are planted at the end of April and harvested at the beginning of September. From then until March, the beets are processed into sugar.

Refineries run 24 hours a day and seven days a week with no breaks for holidays. If machines were to stop in the middle of the process, sticky molasses would harden inside the equipment. In the end, the sugar beets become white granular sugar, powdered sugar, or brown sugar. If you’ve bought a bag of sugar at a Michigan grocery store, chances are it’s sugar beet sugar from the Michigan Sugar Company.

Things are going pretty well for the Michigan sugar industry now. But twenty years ago, the industry nearly dissolved. Steve Poindexter is a sugar beet specialist with Michigan State University:

“The sugar industry, back in the ‘90s, was struggling, trying to get production up. The yields were down and not going up, and profitability was very low.”

That was the result of a push toward raising beets with higher sugar content. The experiment was a failure. The low yields caused many farmers to stop growing beets. Things got so bad, Michigan sugar beet farmers were granted almost 20 million dollars in disaster funds.

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