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News Link • Economy - Economics USA

Detroit mayor announces furloughs to avoid bankruptcy

• Christian Science Monitor

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.


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