There are funds left over, five hundred million, I believe, MEDC for a temporary suspension of the gas tax
OverstatedJohn James, at Michigan Governor General Election Debate (WOOD TV8)
10:53 pmWhy this verdict View evidenceHide evidence
Why we checked itSpecific dollar figure ($500 million) attributed to MEDC as available for a gas tax suspension — verifiable against MEDC's actual fund balances
What we foundThere is a real SOAR/MEDC-linked fund with a projected ~$500 million balance, but the claim that those funds are available for a gas tax suspension is not supported; the money was projected to be lapsed to close a separate budget gap, and a gas tax suspension would cost an estimated $600 million.