Snyder holding push for Detroit aid - Fox 2 News Headlines

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>>

  • After court drama, Oklahoma to have 2 executions

    After court drama, Oklahoma to have 2 executions

    Thursday, April 24 2014 4:35 PM EDT2014-04-24 20:35:30 GMT
    The Oklahoma Supreme Court ruled that two death row inmates are not entitled to know the source of the drugs that will be used to kill them, putting them back on track to be executed as early as next week.
    Oklahoma plans to hold its first double execution in nearly 80 years, Gov. Mary Fallin said Thursday.
  • Senate report criticizes former DHS watchdog

    Senate report criticizes former DHS watchdog

    Thursday, April 24 2014 4:14 PM EDT2014-04-24 20:14:31 GMT
    A Senate subcommittee says the Homeland Security Department's former acting inspector general was too cozy with the White House appointees whose activities he was supposed to oversee.
    The former internal watchdog for the Homeland Security Department was too cozy with senior agency officials and improperly rewrote, delayed or classified some critical reports to accommodate President Barack Obama's...
  • US unwilling to give up Mideast peace process yet

    US unwilling to give up Mideast peace process yet

    Thursday, April 24 2014 4:05 PM EDT2014-04-24 20:05:32 GMT
    The U.S. isn't ready to write off Mideast peace negotiations as failed, even after Israel broke off talks with Palestinian leaders who are trying to create a coalition government with the Hamas terror group.
    Secretary of State John Kerry said Thursday that the U.S. isn't ready to write off Mideast peace negotiations, even after Israel broke off talks with Palestinian leaders who are trying to create a coalition government...
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

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