“Snyder shoulders Detroit bankruptcy decision, won’t ask for federal help
“The Republican governor said Detroit created the problems and stood steadfast behind his decision to file Thursday for bankruptcy, with the city roughly $19 billion in debt.
“This is a tragic, difficult decision, but a right one,” he told CBS’ “Face the Nation.” “It’s not about just more money, it’s about accountable government.”
He said corruption and city leaders ignoring warning signs for 60 years contributed to the problems. Among his biggest concerns, Snyder said, is the decline of municipal services for Detroit’s remaining 700,000 residents, including police response times of nearly one hour.
Snyder said the state cannot help and asking for a federal bailout is “not the right answer,” though Washington has that option.”