Gov. Rick Snyder says bankruptcy the right choice for Detroit
Mon, 22 Jul 2013 09:35:41 GMT —
Michigan Governor Rick Snyder says the decision to set into motion bankruptcy for Detroit was a tough one, but the right one.
He said Sunday on NBC's "Meet The Press" that the citizens "deserve better than they're getting today."
Snyder, Detroit's emergency manager Kevyn Orr and Detroit Mayor Dave Bing appeared on Sunday morning talk shows.
Snyder said he will push to protect the retired city workers whose pensions are on the table. He said the bankruptcy filing included protections for retirees and urged them to remain calm.
Orr said on "Fox News Sunday" that there are going to have to be "concessions."
Bing on ABC's "This Week" said now that bankruptcy has been filed, leaders have to take a step back before making a decision on a federal bailout.