State officials and many in southeast Michigan have been keeping a very close eye on financial reports coming out of Detroit. Sunday's Detroit Free Press reported that an emergency financial report completed late Friday suggests an emergency manager is inevitable. The report found the city’s deficit continues to grow even after some degree of state oversight for more than 10 months.
Free Press reporter and columnist Nancy Kaffer joins us to explain one of the biggest, ongoing stories in Michigan.
Governor Rick Snyder says the Detroit mayor and city council are operating under some tight deadlines if they want to avoid a state takeover. A formal state Treasury review of the city’s finances is underway.