YOUR FRIENDS' ACTIVITY

    This story comes from Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world’s biggest stories.
    Do you have a story to tell? Become a Yahoo! contributor

    Rep. Hansen Clarke to Pursue Federal Grant for Detroit

    Rep. Hansen Clarke, D-Mich., made the news Thursday by announcing he will introduce legislation next week to set aside funds for a federal grant for Detroit, according to MLive. The grant would be used to help the city get rid of some of its long-term debt.

    Clarke has reportedly asked Gov. Rick Snyder to delay a pending decision on whether to appoint an emergency financial manager to take over the city's operations while he goes through the legislative process. The state-appointed review team looking over the city's financial situation is due to give its recommendations to the governor by March 28.

    Here are some of the details surrounding Clarke's proposed legislation.

    * Gov. Snyder and state Treasurer Andy Dillon sent a consent agreement to Detroit Mayor Dave Bing on Tuesday for review. A consent agreement would allow the city to avoid having an emergency financial manager while still making Detroit and its government responsible to the state for its actions.

    * Bing and the City Council have vehemently opposed Dillon's proposed consent agreement and are reportedly working on an alternative plan, according to the Associated Press.

    * The biggest matter of contention is the proposal to create a nine-member panel that would oversee all of the city's financial matters. The panel would largely be a mix of appointees chosen by Dillon and from a list of choices dictated by the governor.

    * The review team has delayed action until next week as Bing and city leaders draft an alternative proposal.

    * Clarke said Thursday he has not determined how much of a federal grant he is seeking, but that it will be large enough to get rid of the city's long-term debt. According to MLive, Snyder has said through spokeswoman Geralyn Lasher that he does not believe a grant will help the city in the long run.

    * Clarke has also acknowledged his proposal is "a long shot" but needs to be pursued.

    * If his proposal is approved, Clarke has said the money would have to be distributed through "strict federal administration of the funds," as he believes Detroit has not shown it handles financial matters properly, according to the Detroit Free Press.

    * Clarke pointed out the financial panel that was put into place in New York City briefly in the 1970s also had the benefit of federal aid to help make its restructuring efforts successful. The panel proposed for Detroit by Snyder and Dillon is reportedly modeled after the New York board, according to Michigan Radio.

    Vanessa Evans is a musician and freelance writer based in Michigan, with a lifelong interest in politics and public issues.

    Loading...

    More US News

    • Ex-minor leaguer says baseball cheating lives

      A former minor leaguer says cheating is alive and well in professional baseball.

    • Fired for word: 'Negro' in Spanish class

      One of the first lessons one learns in English class is that context is everything. The same holds true in Spanish.

    • No Wonder Republican Criticism of Obama Isn’t Working

      Henny Youngman, the late borscht belt comedian, told hundreds of politically incorrect jokes. One of them was his response when asked, “How’s your wife?” “Compared to what?” he’d say.

    • 5 climbers missing on world's 3rd highest mountain

      KATMANDU, Nepal (AP) — A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain.

    • Cycling-Road-Giro d'Italia classification after stage 20

      May 25 (Infostrada Sports) - Classification from Giro d'Italia after Stage 20 on Saturday 1. Vincenzo Nibali (Italy / Astana) 79:23:19" 2. Rigoberto Uran (Colombia / Team Sky) +4:43" 3. Cadel Evans (Australia / BMC Racing) +5:52" 4. Michele Scarponi (Italy / Lampre) +6:48" 5. Carlos Betancur (Colombia / AG2R) +7:28" 6. Przemyslaw Niemiec (Poland / Lampre) +7:43" 7. Rafal Majka (Poland / Saxo - Tinkoff) +8:09" 8. Benat Intxausti (Spain / Movistar) +10:26" 9. Mauro Santambrogio (Italy / Vini Fantini) +10:32" 10. Domenico Pozzovivo (Italy / AG2R) +10:59" 11. ...

    • Damage reported from magnitude-5.7 quake in Calif.

      GREENVILLE, Calif. (AP) — Residents in rural northeastern California assessed damage to their homes and businesses Friday from a magnitude-5.7 earthquake, one of the strongest temblors to hit the densely forested region in decades.

    • Correction: North Dakota Flooding story

      BISMARCK, N.D. (AP) — In a story May 24 about North Dakota flooding, The Associated Press, relying on information from North Dakota's state engineer, erroneously reported that construction work at the Renwick Dam lowered the top of the dam by three feet. Construction left some parts of the dam at the same height and the other parts of the dam were raised by 3.4 feet.

    • 6 Fascinating Spy Gadgets You’ll Probably Want (and Can Have) After Seeing

      "Most people don't really know products like this exist..."

    Loading...

    Follow Yahoo! News