Monday, January 26, 2009

Hopes high, fingers crossed for Great Lakes trust fund

LANSING -- President Barack Obama's campaign promise to create a $5 billion trust fund for the Great Lakes could be crucial in the battle to sustain Michigan's most precious resource, experts said.

In September, then-candidate Obama proposed the trust fund to support lake and beach cleanups, rebuild lake infrastructure and battle invasive species. It would be financed through higher taxes on oil and gas companies, according to Obama for America, his official campaign committee. (Full Story)


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