Tennessee Conservative
A Controversial Bill To Roll Back Protections On More Than 430,000 Acres Of Wetlands In Tennessee Has Been Effectively Defeated, With A Senate Committee Voting Wednesday To Send The Measure To A Legislative Study Session Over The Summer.
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Ford Has Halted Construction On An Electric Vehicle Battery Plant In Michigan But Construction Is Ongoing And Not Interrupted On Large-Scale Projects In Tennessee And Kentucky.
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Tennessee Has Committed To Give $13 Million In Incentives To A Supplier For Ford’s New Electric Truck Factory At BlueOval City.
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A Supplier Will Spend $790 Million To Build Two Facilities At Blue Oval City To Supply Ford’s New Electric Truck Factory, According To Tennessee’s Department Of Economic And Community Development.
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The U.S. Department Of Energy Has Conditionally Agreed To Loan Ford Motor Co. Up To $9.2 Billion For The Blue Oval Projects In Kentucky And Tennessee.
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Companies Worth Many Billions Of Dollars Are Set To Receive Billions More In Grants And Loans For Doing Business In Tennessee. FedEx Will Get A $2 Million Grant, And Ford Motor Company Has Been Conditionally Approved For A $9.2 Billion Loan.
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Tennessee Has Spent More Than $81 Million On Its Site Development Grant Program To Help Pay To Get Rural Industrial Sites Prepared For Businesses Since The Program Began In 2016.
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Tennessee Gov. Bill Lee Was Given A “D” By The Cato Institute In Its Annual Fiscal Report Card On America’s Governors. Lee’s Ranking Was Based On His Spending And Taxing Record, Including This Year’s Budget, Which Included $500 Million Toward A New Titans Stadium.
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Tennessee Has Committed To More Than $60 Million In FastTrack Economic Incentive Grants To Businesses This Year After Committing More Than $200 Million Of The Grants To Businesses In 2021.
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Billion-Dollar Economic Incentives, Including The One That Tennessee Gave To Ford For Its Plan To Build A $5.6 Billion Electric Truck Plant Outside Memphis, Are Increasing Across The Country, According To A New Report From The Center For Economic Accountability.
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