Michigan is set to get $600 million in federal funds to boost its economy over the next decade as part of President Donald Trump’s plan to create millions of new jobs.
The state’s budget director, Mark Johnson, announced Thursday that the state will receive $500 million in the 2018 fiscal year.
The money is part of a $1.6 trillion package that includes a $500 billion stimulus package that the president signed in March.
Johnson says the federal stimulus package includes $500m for the Michigan Manufacturing Council, which is headed by Gov.
The Michigan Manufacturing Alliance is the state’s largest trade group, representing the industry.
Michigan’s economic recovery has been in a slow-motion decline.
It’s now down to 5.4 percent growth, the lowest in the nation and below the national average of 7.9 percent.
The state’s unemployment rate is 9.2 percent, well above the national rate of 6.7 percent.
Michigan has been trying to boost the economy since the Great Recession, when more than 6.4 million people lost their jobs.
The governor signed a $7.5 billion state economic stimulus package in late 2017 that included $300 million in job training, $400 million for public housing, $200 million for job-training centers and $500,000 to boost apprenticeships.
But Michigan has struggled to keep up with the growth of the private sector and the rapid growth of automation and the Internet.
It is struggling to attract companies, particularly in manufacturing, to relocate there.
“If you’re going to get a job, it’s going to be in Michigan,” Johnson said.
“The economy of Michigan has been flatlining for the last decade.
It just seems to have plateaued.
It was kind of like a dead zone.”
Trump’s plan includes the creation of $1 trillion in infrastructure, including $200 billion for road and bridge construction.
Johnson says $200bn is enough to build the entire state’s roads and bridges.
Johnson said Michigan is the only state in the U.S. that has lost more jobs than it has gained in the last 20 years.
“There’s been a massive increase in automation, and we have been doing a lot of things that are not helping us,” Johnson added.
“We have not been investing in manufacturing.
We have not invested in manufacturing that has helped our workers and our economy.
That is not what our economy needs right now.”
Johnson said that Trump’s spending plans would allow the state to expand Medicaid coverage and create jobs in underserved areas.
Johnson said the federal government could help pay for the expansion, but only if the states agreed to set up a single-payer system.
Michigan was the first state in North America to approve single-payer plans, and Johnson said his plan would allow for the creation and expansion of that system, but not in Michigan.
He said he believes that Michigan could become a model for the rest of the country.
“I think we can do it in other places, too, if we work together,” Johnson told The Associated Press.
Johnson noted that in 2018, the state is on track to be one of the biggest recipients of stimulus funding, surpassing $1 billion in the next fiscal year, when Trump signed the legislation.
The Trump administration has said it will boost spending on education, infrastructure and other programs to boost Michigan’s growth.
The president has promised $2 trillion in tax cuts and other economic stimulus measures for the next five years.