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.
Thursday, May 23 2013 8:39 PM EDT2013-05-24 00:39:46 GMT
Army Specialist Jenna Beno bravely fought for our country. Sadly, she died after an attack in Iraq. Thursday, the young soldier was honored during an emotional ceremony in Clarkston.
Army Specialist Jenna Beno bravely fought for our country. Sadly, she died after an attack in Iraq. Thursday, the young soldier was honored during an emotional ceremony in Clarkston.
Thursday, May 23 2013 9:21 PM EDT2013-05-24 01:21:55 GMT
The mountains of petroleum coke along Detroit's riverfront continue to grow. Now lawmakers are saying the stuff has to go as the story gets national attention.
The mountains of petroleum coke along Detroit's riverfront continue to grow. Now lawmakers are saying the stuff has to go as the story gets national attention.
Thursday, May 23 2013 8:53 PM EDT2013-05-24 00:53:47 GMT
Anna Bailey was walking back from the gas station Thursday morning when she found 16-year-old Emonte Davis lying in the middle of the sidewalk on Sharon Street. He had been shot in the chest, and she tried to help.
Anna Bailey was walking back from the gas station Thursday morning when she found 16-year-old Emonte Davis lying in the middle of the sidewalk on Sharon Street. He had been shot in the chest, and she tried to help.
Thursday, May 23 2013 7:38 PM EDT2013-05-23 23:38:56 GMT
Kwame Kilpatrick, now a convicted felon, officially fired his longtime attorney Jim Thomas on Thursday. It's a move that will delay the former mayor's sentencing.
Kwame Kilpatrick, now a convicted felon, officially fired his longtime attorney Jim Thomas on Thursday. It's a move that will delay the former mayor's sentencing.
