- Infowars - http://www.infowars.com -

Detroit mayor announces furloughs to avoid bankruptcy

Posted By Adan On November 23, 2012 @ 10:23 am In Economic Crisis,Old Infowars Posts Style,Tile | Comments Disabled

The Christian Science Monitor
November 23, 2012

Detroit Mayor Dave Bing (screenshot from detroitmi.gov)

In order to make up for a $30 million shortfall expected by year’s end, Detroit Mayor Dave Bing announced on Wednesday that city employees will take unpaid furloughs and that he would implement “other cost-savings actions” starting the first of January.

“We will ensure that revenue-generating departments are not impacted by these cost-cutting measures. Most importantly, I want our citizens to know that public safety will not be jeopardized,” he said in a statement.

The cutbacks are a response to the latest pushback from the Detroit City Council over demands by state officials to bring long-needed financial stability to the city.

Read full article

Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/detroit-mayor-announces-furloughs-to-avoid-bankruptcy/

Copyright © 2013 Infowars. All rights reserved.