Detroit to get $300 million in taxpayer funds

detroit crumble cc

This isn’t a bailout, a bailout would be much larger, but it is a gift (paid for by you) from the Feds. Mostly a political move to placate some of the restless Dem party loyalists who would like far more for Detroit, I am surprised it isn’t a greater sum. In the end it probably will be.

If there is one thing the federal government is good at it is throwing money down a hole.

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