deficit

Detroit Public Schools Face Drastic Cuts, Closures

Financial woes in the Detroit Public School District are expected to continue for the next three years and that will mean more school closings.

WWJ Newsradio 950–2013/01/24

Audit: Detroit’s Deficit Grew To Nearly $327M

An audit says Detroit’s accumulated general-fund deficit is nearly $327 million.

WWJ Newsradio 950–2013/01/03

Mitt Romney and Paul Ryan (Photo by Chip Somodevilla/Getty Images)

Opinion: Romney Tries To Reboot Losing Campaign With Ryan Pick

After months of failing to find a way to gain ground in the presidential campaign, Mitt Romney has hit the reset button by picking Paul Ryan as his running mate, but once the dust has settled and the Conventions are over, it is hard to see how Romney will have changed the direction of the 2012 presidential campaign.

2012/08/13

Detroit Mayor Says City May Need Emergency Manager

Detroit Mayor Dave Bing says the city’s financial picture is bleaker than he expected, and there are whispers of whether the city will need an emergency financial manager.

WWJ Newsradio 950–2011/11/03

2 Michigan Reps Named To “Super Committee”

Two members of Michigan’s congressional delegation are about to become two of the most powerful lawmakers in Washington.

WWJ Newsradio 950–2011/08/10

Emergency Manager: Merge Pontiac With Oakland County

Pontiac’s Emergency Manager has written a letter to Executive Brooks Patterson asking for a meeting to discuss the possibilities of merging the city with the county.

WWJ Newsradio 950–2011/06/10

Mayor Bing To Present City Council With Budget Plan

Mayor Dave Bing is expected to present another lean budget to Detroit City Council Tuesday, while also unveiling a five-year plan to wipe out a deficit that now stands at about $150-million.

WWJ Newsradio 950–2011/04/12