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Page 17 of 32
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Date
Title
Politician
Aug. 23, 2021
Governor Whitmer & Dr. Khaldun on Full FDA Approval of Michigan-Manufactured Pfizer COVID-19 Vaccine
Gov. Gretchen Whitmer
Aug. 20, 2021
Governor Whitmer Appoints Susan Corbin as Permanent Director of the Department of Labor and Economic Opportunity
Gov. Gretchen Whitmer
Aug. 20, 2021
Governor Whitmer on Afghan Resettlement
Gov. Gretchen Whitmer
Aug. 19, 2021
Gov. Whitmer launches statewide Sixty by 30 Talent Tour with kickoff event at Upper Peninsula's Bay College in Escanaba
Gov. Gretchen Whitmer
Aug. 18, 2021
Governor Whitmer Promotes Business Investment, Community Vitality on Second Day of 'UP Jobs Tour'
Gov. Gretchen Whitmer
Aug. 18, 2021
Governor Whitmer Announces Michigan Partnering with Ontario on Cross-Border Mobility Technologies
Gov. Gretchen Whitmer
Aug. 16, 2021
Governor Whitmer Announces MI Safe Communities Investment to Reduce Crime, Support Local Law Enforcement
Garlin Gilchrist, ...
Aug. 16, 2021
Governor Whitmer Launches 'UP Jobs Tour'
Gov. Gretchen Whitmer
Aug. 10, 2021
Gov. Whitmer Signs Proclamation Marking August 8-14 as Health Center Week
Gov. Gretchen Whitmer
Aug. 10, 2021
Governor Whitmer on Infrastructure Investment and Jobs Act
Gov. Gretchen Whitmer
Aug. 5, 2021
RELEASE: Governor Whitmer Tours Small Business in Traverse City to Highlight Small Business Support Efforts as Michigan Gets Back to Work
Gov. Gretchen Whitmer
Aug. 4, 2021
PHOTOS: Gov. Whitmer Brings Together Law Enforcement and Community Leaders for Public Safety Roundtable in Pontiac
Gov. Gretchen Whitmer
July 29, 2021
Governor Whitmer Releases Statement Of Support for the Gordie Howe International Bridge Project
Gov. Gretchen Whitmer
July 29, 2021
Governor Whitmer Signs Bills Extending Drivers Licenses, Other Legislation
Gov. Gretchen Whitmer
July 27, 2021
Gov. Whitmer Secures Commitment from Financial Industry Groups to Assist Michiganders Affected by Recent Flooding
Gov. Gretchen Whitmer
July 27, 2021
Gov. Whitmer Announces Plan for Historic Investment in Safe and Affordable Housing Across Michigan
Gov. Gretchen Whitmer
July 26, 2021
Gov. Whitmer Signs Funding Bill to Put Michigan's Economic Recovery First
Gov. Gretchen Whitmer
July 26, 2021
Gov. Whitmer Signs Funding Bill to Put Michigan's Economic Recovery First
Gov. Gretchen Whitmer
July 23, 2021
Letter to Hon. Merrick Garland, Attorney General - Governor Whitmer Supports State Police Community Policing Development De-Escalation Training Program Application to USDOJ
Gov. Gretchen Whitmer
July 15, 2021
Governor Whitmer announces MI Clean Water plan grants help towns and cities provide safe, reliable drinking water
Gov. Gretchen Whitmer
July 6, 2021
Gov. Whitmer announces historic $150 million investment in local parks and trails
Gov. Gretchen Whitmer
July 2, 2021
Gov. Whitmer Announces Credit Rating Outlook Boost as State Continues Economic Jumpstart and Puts Michigan Back to Work
Gov. Gretchen Whitmer
July 1, 2021
Governor Whitmer Signs Bipartisan Legislation to Require Insurance to Cover Emergency Insulin Supply, Expand Access to College Scholarships
Gov. Gretchen Whitmer
June 23, 2021
Gov. Whitmer Signs Bipartisan Legislation to Provide Food and Rental Assistance to Families Across Michigan
Gov. Gretchen Whitmer
June 17, 2021
Governor Whitmer today announced that the state of Michigan's improving economy and multi-billion-dollar revenue surplus coming out of the COVID-19 pandemic have prompted Fitch Ratings to improve the state's general obligation bonds AA credit rating from a "stable outlook" to a "positive outlook." The State of Michigan recently announce new revenue projections taking the state from a nearly $3 billion deficit to a $3.5 billion surplus. The move is an affirmation the state is headed in the right direction, saving taxpayers money by lower borrowing costs for upcoming bond issues. "This rating is a sign of confidence in Michigan's hardworking people, close-knit communities, and innovative small businesses," said Governor Gretchen Whitmer. "Our early, decisive efforts to respond to the COVID-19 pandemic are paying dividends as we emerge from the pandemic stronger than ever, poised for an economic jumpstart. With billions in federal stimulus and a $3.5 billion state budget surplus, we must continue our forward momentum and channel it into raising wages, invest in small businesses, and uplift families. I look forward to engaging the legislature, local communities and Michiganders as we continue thinking through the best ways to turbocharge our economy and make a real difference in people's lives." In its announcement, which formally rated $603 million of limited obligation revenue bonds to be issued through the Michigan Strategic Fund in support of the Flint Water Advocacy Fund, Fitch noted the state of Michigan's success in achieving balanced budgets and the expectation that the state's improved fiscal and budgetary resilience will be sustained. In addition, Fitch believes the state is well-positioned to benefit from a return to economic growth following the deep recession caused by the COVID-19 pandemic. "I am delighted how Wall Street has recognized the hard work and effort taken to react to the impacts of COVID-19 here in Michigan," State Treasurer Rachael Eubanks said. "The credit rating agencies have again displayed confidence in Michigan's economic and financial health by affirming their credit ratings - with Fitch even boosting their outlook - showing investors that our state is a great investment." Prior to offering $603 million of limited obligation revenue bonds, Fitch and Moody's Investor Services reviews the state's economy, finances and other factors to determine a credit rating. Due to the bonds being an appropriation credit of the state, the rating agencies rate the Michigan Strategic Fund bonds one notch below the credit ratings of the state of Michigan. The bonds are rated AA- by Fitch and Aa2 by Moody's. The money from this bond sale will be used to make a loan to the Flint Water Advocacy Fund for the purpose of transferring $600 million to the Flint Water Crisis Qualified Settlement Fund in accordance with a settlement agreement entered between the state of Michigan and plaintiffs concerning state defendants' legal liabilities related to the Flint Water Crisis. During the May Consensus Revenue Estimating Conference, the Michigan Department of Treasury and state House and Senate Fiscal Agencies agreed to revenues $3.5 billion more than anticipated in January. Federal stimulus programs and improving public health situation were attributed to the increase.
Gov. Gretchen Whitmer
Date
Title
Politician
Aug. 23, 2021
Governor Whitmer & Dr. Khaldun on Full FDA Approval of Michigan-Manufactured Pfizer COVID-19 Vaccine
Gov.Gretchen Whitmer
Aug. 20, 2021
Governor Whitmer Appoints Susan Corbin as Permanent Director of the Department of Labor and Economic Opportunity
Gov.Gretchen Whitmer
Aug. 20, 2021
Governor Whitmer on Afghan Resettlement
Gov.Gretchen Whitmer
Aug. 19, 2021
Gov. Whitmer launches statewide Sixty by 30 Talent Tour with kickoff event at Upper Peninsula's Bay College in Escanaba
Gov.Gretchen Whitmer
Aug. 18, 2021
Governor Whitmer Promotes Business Investment, Community Vitality on Second Day of 'UP Jobs Tour'
Gov.Gretchen Whitmer
Aug. 18, 2021
Governor Whitmer Announces Michigan Partnering with Ontario on Cross-Border Mobility Technologies
Gov.Gretchen Whitmer
Aug. 16, 2021
Governor Whitmer Announces MI Safe Communities Investment to Reduce Crime, Support Local Law Enforcement
Garlin Gilchrist, ...
Aug. 16, 2021
Governor Whitmer Launches 'UP Jobs Tour'
Gov.Gretchen Whitmer
Aug. 10, 2021
Gov. Whitmer Signs Proclamation Marking August 8-14 as Health Center Week
Gov.Gretchen Whitmer
Aug. 10, 2021
Governor Whitmer on Infrastructure Investment and Jobs Act
Gov.Gretchen Whitmer
Aug. 5, 2021
RELEASE: Governor Whitmer Tours Small Business in Traverse City to Highlight Small Business Support Efforts as Michigan Gets Back to Work
Gov.Gretchen Whitmer
Aug. 4, 2021
PHOTOS: Gov. Whitmer Brings Together Law Enforcement and Community Leaders for Public Safety Roundtable in Pontiac
Gov.Gretchen Whitmer
July 29, 2021
Governor Whitmer Releases Statement Of Support for the Gordie Howe International Bridge Project
Gov.Gretchen Whitmer
July 29, 2021
Governor Whitmer Signs Bills Extending Drivers Licenses, Other Legislation
Gov.Gretchen Whitmer
July 27, 2021
Gov. Whitmer Secures Commitment from Financial Industry Groups to Assist Michiganders Affected by Recent Flooding
Gov.Gretchen Whitmer
July 27, 2021
Gov. Whitmer Announces Plan for Historic Investment in Safe and Affordable Housing Across Michigan
Gov.Gretchen Whitmer
July 26, 2021
Gov. Whitmer Signs Funding Bill to Put Michigan's Economic Recovery First
Gov.Gretchen Whitmer
July 26, 2021
Gov. Whitmer Signs Funding Bill to Put Michigan's Economic Recovery First
Gov.Gretchen Whitmer
July 23, 2021
Letter to Hon. Merrick Garland, Attorney General - Governor Whitmer Supports State Police Community Policing Development De-Escalation Training Program Application to USDOJ
Gov.Gretchen Whitmer
July 15, 2021
Governor Whitmer announces MI Clean Water plan grants help towns and cities provide safe, reliable drinking water
Gov.Gretchen Whitmer
July 6, 2021
Gov. Whitmer announces historic $150 million investment in local parks and trails
Gov.Gretchen Whitmer
July 2, 2021
Gov. Whitmer Announces Credit Rating Outlook Boost as State Continues Economic Jumpstart and Puts Michigan Back to Work
Gov.Gretchen Whitmer
July 1, 2021
Governor Whitmer Signs Bipartisan Legislation to Require Insurance to Cover Emergency Insulin Supply, Expand Access to College Scholarships
Gov.Gretchen Whitmer
June 23, 2021
Gov. Whitmer Signs Bipartisan Legislation to Provide Food and Rental Assistance to Families Across Michigan
Gov.Gretchen Whitmer
June 17, 2021
Governor Whitmer today announced that the state of Michigan's improving economy and multi-billion-dollar revenue surplus coming out of the COVID-19 pandemic have prompted Fitch Ratings to improve the state's general obligation bonds AA credit rating from a "stable outlook" to a "positive outlook." The State of Michigan recently announce new revenue projections taking the state from a nearly $3 billion deficit to a $3.5 billion surplus. The move is an affirmation the state is headed in the right direction, saving taxpayers money by lower borrowing costs for upcoming bond issues. "This rating is a sign of confidence in Michigan's hardworking people, close-knit communities, and innovative small businesses," said Governor Gretchen Whitmer. "Our early, decisive efforts to respond to the COVID-19 pandemic are paying dividends as we emerge from the pandemic stronger than ever, poised for an economic jumpstart. With billions in federal stimulus and a $3.5 billion state budget surplus, we must continue our forward momentum and channel it into raising wages, invest in small businesses, and uplift families. I look forward to engaging the legislature, local communities and Michiganders as we continue thinking through the best ways to turbocharge our economy and make a real difference in people's lives." In its announcement, which formally rated $603 million of limited obligation revenue bonds to be issued through the Michigan Strategic Fund in support of the Flint Water Advocacy Fund, Fitch noted the state of Michigan's success in achieving balanced budgets and the expectation that the state's improved fiscal and budgetary resilience will be sustained. In addition, Fitch believes the state is well-positioned to benefit from a return to economic growth following the deep recession caused by the COVID-19 pandemic. "I am delighted how Wall Street has recognized the hard work and effort taken to react to the impacts of COVID-19 here in Michigan," State Treasurer Rachael Eubanks said. "The credit rating agencies have again displayed confidence in Michigan's economic and financial health by affirming their credit ratings - with Fitch even boosting their outlook - showing investors that our state is a great investment." Prior to offering $603 million of limited obligation revenue bonds, Fitch and Moody's Investor Services reviews the state's economy, finances and other factors to determine a credit rating. Due to the bonds being an appropriation credit of the state, the rating agencies rate the Michigan Strategic Fund bonds one notch below the credit ratings of the state of Michigan. The bonds are rated AA- by Fitch and Aa2 by Moody's. The money from this bond sale will be used to make a loan to the Flint Water Advocacy Fund for the purpose of transferring $600 million to the Flint Water Crisis Qualified Settlement Fund in accordance with a settlement agreement entered between the state of Michigan and plaintiffs concerning state defendants' legal liabilities related to the Flint Water Crisis. During the May Consensus Revenue Estimating Conference, the Michigan Department of Treasury and state House and Senate Fiscal Agencies agreed to revenues $3.5 billion more than anticipated in January. Federal stimulus programs and improving public health situation were attributed to the increase.
Gov.Gretchen Whitmer
Page 17 of 32
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