Michigan Governor Proposes Financial Takeover of Debt-Ridden Detroit

Michigan Gov. Rick Snyder declared a state of fiscal emergency in Detroit on Friday, drawing on a 1990 law allowing him to take control of the city’s finances.

According to a report released last month, the city’s deficit of $327 million and more than $14 billion in long-term obligations is putting the city in the grip of a financial crisis.

However, many have criticized the move noting that a white Republican governor would effectively be taking over a city that is 80 percent black and overwhelmingly Democratic.

Host Carmen Russell-Sluchansky spoke with Jay Scott Smith, a Detroit-based freelance writer, radio host and contributor to Daily Beast and Newsweek, to discuss the story.

 

About Carmen Munir Russell-Sluchansky 360 Articles
Carmen is a multimedia journalist based in Washington, DC whose work has appeared in a variety of outlets including National Geographic, NBC News, the BBC, Asia! Magazine, The China Post, Chicago Tribune and Orlando Sentinel.