Snyder holding push for Detroit aid - KMSP-TV

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>>

  • 5 things to know about case against Texas' Perry

    5 things to know about case against Texas' Perry

    Thursday, August 21 2014 1:34 PM EDT2014-08-21 17:34:30 GMT
    In the week since he was indicted for abuse of power and public coercion, Texas Gov. Rick Perry and his supporters have insisted the charges against the Republican governor are politically motivated. Perry has...
    In the week since he was indicted for abuse of power and public coercion, Texas Gov. Rick Perry and his supporters have insisted the charges against the Republican governor are politically motivated. Perry has pleaded not...
  • US diplomats barred from ice bucket challenge

    US diplomats barred from ice bucket challenge

    Thursday, August 21 2014 1:25 PM EDT2014-08-21 17:25:12 GMT
    The charity stunt has lured athletes, celebrities, politicians and rock stars and gone viral on the Internet, but don't look for U.S. diplomats to get in on the fun.
    The charity stunt has lured athletes, celebrities, politicians and rock stars and gone viral on the Internet, but don't look for U.S. diplomats to get in on the fun.
  • US won't reveal records on health website security

    US won't reveal records on health website security

    Thursday, August 21 2014 1:24 PM EDT2014-08-21 17:24:46 GMT
    The Obama administration has concluded it will not publicly disclose federal records that could shed light on the security of the government's signature health care website because doing so could "potentially"...
    After promising not to withhold government information over "speculative or abstract fears," the Obama administration has concluded it will not publicly disclose federal records that could shed light on the security of the...
  • PoliticsPoliticsMore>>

  • Election info for 2014 Michigan primaries

    Election info for 2014 Michigan primaries

    Tuesday, August 5 2014 3:41 PM EDT2014-08-05 19:41:25 GMT
    Polls are open until 8 p.m.  Go inside this story to find out where you need to go to vote and get information on some of the top races and issues.
    Polls are open until 8 p.m.  Go inside this story to find out where you need to go to vote and get information on some of the top races and issues.
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

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