11.29.2012

Huffington Post Popular News: Rick Jones, Michigan Lawmaker, Says State Should Consider 'Dissolving' Detroit

A Michigan lawmaker has a controversial solution to deal with Detroit's desperate cash flow problem: just get rid of the city altogether.


After an unresolved disagreement between Detroit Mayor Dave Bing and City Council earlier this month prohibited the city from receiving a $10 million payment from the state, the city stands to run out of cash by mid-December.


While some have floated the idea of bankruptcy for its automakers (think 'Let Detroit Go Bankrupt), State Sen. Rick Jones (R-Grande Ledge) told Michigan Radio that ushering the city through bankruptcy court would be "horrible".




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