Wednesday, December 5 2012 1:21 PM EST2012-12-05 18:21:08 GMT
An administration official says President Barack Obama will travel to Detroit Monday to push his proposal for raising tax rates on wealthier Americans
An administration official says President Barack Obama will travel to Detroit Monday to push his proposal for raising tax rates on wealthier Americans.
Tuesday, December 4 2012 6:38 PM EST2012-12-04 23:38:16 GMT
Detroit's top money experts, the budget and finance directors, asked the city council on Tuesday to help put a bandage on a bleeding pension fund that they discovered was under funded.
Detroit's top money experts, the budget and finance directors, asked the city council on Tuesday to help put a bandage on a bleeding pension fund that they discovered was under funded. It's the latest chapter in Detroit's own fiscal cliff.
By FOX 2 News Staff
DETROIT (WJBK) -- The city of Detroit faces a major financial crisis and one member of city council thinks President Barack Obama should step in and help.
City Council member JoAnn Watson said Tuesday the citizens support of Obama in last month's election was enough reason for the president to bailout the struggling the city. (Click the video player to listen)
"Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that," said Watson. "Of course, not just that, but why not?"
Nearly 75 percent of Wayne County voters pulled the lever for Obama in November.
"After the election of Jimmy Carter, the honorable Coleman Alexander Young, he went to Washington, D.C. He came home with some bacon," said Watson. "That's what you do."
Young served as Detroit's mayor for 20 years and served as vice chairman of the Democratic National Committee from 1977 to 1981.
The White House has expressed no plans to bailout the cash-crunched city that some experts say could run out of money by the end of the year.
The federal government has bailed out cities in the past, however. In 1975, President Gerald Ford extended more than $2 billion in credit to New York City to help it avoid a financial collapse.
Wednesday, June 19 2013 9:22 AM EDT2013-06-19 13:22:54 GMT
FBI agents in suburban Detroit began a third day of digging Wednesday in the search for the remains of former Teamsters union leader Jimmy Hoffa, who disappeared 38 years ago.
FBI agents in suburban Detroit began a third day of digging Wednesday in the search for the remains of former Teamsters union leader Jimmy Hoffa, who disappeared 38 years ago.
Wednesday, June 19 2013 8:41 AM EDT2013-06-19 12:41:21 GMT
Mike Duggan is expected to lay out his future plans Thursday, one day after an appeals court ruled that he doesn't meet Detroit residency requirements to put his name on the ballot for the Aug. 6 primary elections.
Mike Duggan is expected to lay out his future plans Thursday, one day after an appeals court ruled that he doesn't meet Detroit residency requirements to put his name on the ballot for the Aug. 6 primary elections.
Wednesday, June 19 2013 7:35 AM EDT2013-06-19 11:35:18 GMT
Detroit City Council member Kwame Kenyatta says he quitting Friday. Kenyatta didn't give a specific reason, but he says the council is virtually powerless now that Detroit is being run by an emergency manager.
Detroit City Council member Kwame Kenyatta says he quitting Friday. Kenyatta didn't give a specific reason to radio station WWJ, but he says the council is virtually powerless now that Detroit is being run by an emergency manager.
Wednesday, June 19 2013 7:22 AM EDT2013-06-19 11:22:49 GMT
Kid Rock has added an eighth date to his "$20 Best Night Ever" tour at DTE Energy Music Theatre. Officials say tickets for the Aug. 20 show will go on sale at 10 a.m. on June 22.
Kid Rock has added an eighth date to his "$20 Best Night Ever" tour at DTE Energy Music Theatre. Officials say tickets for the Aug. 20 show will go on sale at 10 a.m. on June 22.
Tuesday, June 18 2013 11:38 PM EDT2013-06-19 03:38:44 GMT
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.
Tuesday, June 18 2013 11:29 PM EDT2013-06-19 03:29:11 GMT
An angry pastor is trying to keep his cool. He is mad at whoever tore apart his air conditioning unit to steal the copper, but he also says the entire community shares the blame.
An angry pastor is trying to keep his cool. He is mad at whoever tore apart his air conditioning unit to steal the copper, but he also says the entire community shares the blame.
