Snyder holding push for Detroit aid - Mid-South News, Weather, Traffic and Sports | FOX13

Snyder holding push for Detroit aid until bankruptcy exit plan revealed

Posted: Updated:
LANSING, Mich. (WJBK) -

Gov. Rick Snyder says he wants the state to pump $350 million into Detroit to reduce the losses retirees will likely take in bankruptcy court, but he will not push for that aid until after Emergency Manager Kevyn Orr releases his bankruptcy exit plan.  
 
Senate GOP Leader Randy Richardville will meet with federal Judge Rosen this week for an update on the state's role. He has told the governor lawmakers need to move on this sooner than later before the opponents are successful in calling this a bail out for Detroit.

"It's easy to say, 'This is a Detroit bailout,' for instance, which it's not. It's not even close to that. This is a specific piece of the overall problem that is geared toward helping people with pensions to be comfortable that they're not going to lose those pensions. It gives them back a majority of what they believe that they already have," Richardville says.

The Senate wants strings attached to the state aid, but Rep. David Nathan, (D) Detroit, tells FOX 2's Tim Skubick Detroit doesn't need the strings and that he may vote no if they are attached.

  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
  • PoliticalMore>>

  • White House on deport Bieber petition: No comment

    White House on deport Bieber petition: No comment

    Friday, April 18 2014 7:21 PM EDT2014-04-18 23:21:15 GMT
    The White House has two words for those who want President Barack Obama to deport Justin Bieber: No comment.
    The White House has two words for those who want President Barack Obama to deport Justin Bieber: No comment.
  • From Clinton to Obama, many parallels

    From Clinton to Obama, many parallels

    Friday, April 18 2014 7:11 PM EDT2014-04-18 23:11:32 GMT
    The National Archives is releasing about 7,500 pages of documents Friday from former President Bill Clinton's administration.
    Thousands of pages of documents from President Bill Clinton's White House affirm a longtime adage: The more things change, the more they stay the same.
  • DNC raises $10.3M in March, has $14M in debt

    DNC raises $10.3M in March, has $14M in debt

    Friday, April 18 2014 6:32 PM EDT2014-04-18 22:32:28 GMT
    The Democratic National Committee raised $10.3 million last month but still has more than $14 million in debt.
    The Democratic National Committee raised $10.3 million last month but still has more than $14 million in debt.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices