Report Says Detroit Is Running Out Of Cash

Source: Bill Proctor / WXYZ.com DETROIT  - The City of Detroit is standing at the edge of a financial cliff. It's running out of cash and soon won't make payroll — that's what a secret report says. It's 22 pages of terror, said one former elected official who has deep knowledge of Detroit's finances. The problem is [...]

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Published on November 16, 2011 07:38
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