Michigan Governor Declares Financial Emergency In Detroit | Talking Points Memo

DETROIT (AP) — Barring rapid improvements to Detroit’s weakening financial condition or a miraculous nosedive-reversing plan from the city’s elected leaders, Michigan Gov. Rick Snyder will appoint an emergency manager to oversee a metropolitan area once renowned for its manufacturing might.Snyder declared Detroit was in a financial emergency on Friday and appears all but ready to name an emergency manager pending an appeal from Mayor Dave Bing, saying he has a top candidate picked out for the job.


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