Wednesday, December 07, 2011

AMERICA - State Takeover Coming for City of Detroit?

"With Detroit on Brink of Financial Disaster, State Steps In" PBS Newshour 12/6/2011

Excerpt

JUDY WOODRUFF (Newshour): Now: Detroit's budget crisis.

The Motor City is on track to run out of cash in four months. Today, the Michigan state government began a 30-day review of the city's troubled finances, a move that could lead to a state takeover.

Special correspondent Desiree Cooper of Detroit Public TV has the story.

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