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A closer look at Proposal 1
Detroit Free Press
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Detroit, Mich.
| Date: |
Sep 30, 2012 |
| Start Page: |
n/a |
| Section: |
Front Section |
| Text Word Count: |
614 |
Abstract (Document Summary)
Should this law be approved? YES __ NO __ (those who support voting yes) * Michigan Chamber of Commerce * Michigan Republican Party * Gov. Rick Snyder (those who support voting no) * American Federation of State, County and Municipal Employees * Rainbow PUSH Detroit * Sugar Law Center * NAACP Detroit * Michigan Democratic Party Pro (reasons to vote yes) * The law allows state officials to identify financial crises in local governments and schools while there is still an opportunity to take corrective action or directly intervene to restore solvency. * Without the law, local governments and school districts in financial distress could go bankrupt, affecting taxpayers beyond the reach of that city or school district.
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