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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRick Snyder backs plan to save Detroit's pensions and art museum.
This came as a surprise to me. Whether the Michigan lege will do this is another matter. See:
http://america.aljazeera.com/articles/2014/1/22/gov-backs-350m-planfordetroitpensionsart.html
The money would match the roughly $330 million that local and national charitable foundations have pledged so far to help the insolvent city, including protecting valuable works at the Detroit Institute of Arts that could be sold as part of the bankruptcy.
Before Wednesday, Snyder hadn't publicly talked much about any potential state aid to Detroit, partly because discussions between the city and its creditors with federal mediators are private.
Snyder had privately gauged support among lawmakers last week for the plan and he's facing politically tricky terrain.
Some legislators are worried that state financial assistance to Detroit could set a precedent if other cities collapse, while others have their own spending priorities elsewhere in the state. Election-year politicking also could come into play.
leftyohiolib
(5,917 posts)deny it
catbyte
(34,390 posts)He pulled the same bullshit 4 years ago campaigning as a moderate then siding with baggers & signing Right to Work in the dead of night, strengthening the heinous EM law, & taxing seniors & the disabled just to give businesses a $1.8B tax cut amongst other betrayals. I don't trust that bastard as far as I could throw the Detroit Institute of Arts. He is a L-I-A-R.
The sad part is that some people are still being fooled.