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News Link • Economy - Economics USA

US sending bankrupt Detroit $300 million. Think 'stimulus,' not 'bailout.' (+video)

• Christian Science Monitor
At a closed summit in Detroit, US officials pledged $300 million to help the nation's largest-ever bankrupt city invest in infrastructure, public safety and transit, and begin eradicating blight. 

1 Comments in Response to

Comment by Olde Reb
Entered on:

 So now we know how Detroit is going to finance the construction of the new sports stadium they so desperately need.  

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