Wyoming Business Council defends economic aid practices

The current downturn in the state’s energy industry underscores the need for using taxpayer funds to recruit and grow businesses in Wyoming, an economic development official said.

"With the economic circumstances that we face, economic development is as important as it has ever been," Wyoming Business Council CEO Shawn Reese told the Legislature’s Economic Development Subcommittee on Wednesday. "And I think this is the time when we redouble our efforts."

The seven-member committee is in its second year of a review of the state’s role in providing assistance for economic development programs.

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