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City of Detroit to be dissolved?
Posted By -NO AUTHOR- On 11/29/2012 @ 12:16 am In Money,U.S. | No Comments
(DETROIT.CBSLOCAL) — It would no doubt be controversial, but the idea of dissolving the fiscally struggling city of Detroit and absorbing it into Wayne County is being tossed around in Lansing.
WWJ Lansing Bureau Chief Tim Skubick reports some state Republicans are talking about giving the city the option to vote itself into bankruptcy. And mid-Michigan Senator Rick Jones said all options should be considered — including dissolving the city.
“If we have to, that is one idea we have to look at. We really have to look at everything that is on the table,” Jones said. “Again, if this goes to federal bankruptcy, every employee down there will suffer, the city will suffer and the vultures will come in and take the jewels of Detroit and they will be gone.”
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