Review team: Detroit is in financial emergency

Associated Press
Review team: Detroit is in financial emergency

Michigan State Treasurer Andy Dillon discusses Detroit Financial Review Team in Detroit, Tuesday, Feb. 19, 2013. A state-appointed review team has determined Detroit is in a financial emergency, paving the way for Republican Gov. Rick Snyder to appoint an emergency manager who would need to come up with a new plan to get the city out of its fiscal crisis. (AP Photo/The Detroit News, Ricardo Thomas)

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