Michigan, White House discuss federal money for bankrupt Detroit: report

A man walk past graffiti in Detroit(Reuters) – Michigan officials and President Barack Obama’s Administration are discussing a plan to free up $100 million in federal money to aid Detroit’s retired city workers, the Detroit Free Press reported on Tuesday. Citing two people familiar with the talks, the newspaper said the talks were centered around federal money flowing to Michigan for blight removal. Under the plan, $100 million would be earmarked for Detroit, reducing the $500 million the city’s emergency manager, Kevyn Orr, plans to use to eliminate blight over the next 10 years. A spokeswoman for Michigan Governor Rick Snyder declined to comment on the report.

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