{"id":11489,"date":"2011-11-21T15:08:50","date_gmt":"2011-11-21T20:08:50","guid":{"rendered":"https:\/\/flsentinel.com\/?p=11489"},"modified":"2011-11-18T15:54:42","modified_gmt":"2011-11-18T20:54:42","slug":"detroit-mayor-to-declare-city-on-brink-of-bankruptcy","status":"publish","type":"post","link":"https:\/\/flsentinel.com\/?p=11489","title":{"rendered":"Detroit Mayor To Declare City On Brink Of Bankruptcy"},"content":{"rendered":"<p>DETROIT &#8211; The city of Detroit could face potential bankruptcy by next Spring if significant cuts are not made. <strong>Mayor Dave Bing<\/strong> is set to address the city&#8217;s long-mounting financial crisis.<\/p>\n<p>An audit by Ernst &amp; Young, which was ordered by the city and paid for with taxpayer money, showed that the city&#8217;s finances are so slim that even laying off 2,200 employees would delay insolvency only until July. The audit, that led <strong>Bing<\/strong> to suggest he would consider becoming emergency financial manager if asked to do so by <strong>Gov. Rick Snyder<\/strong>, also showed that the city is in jeopardy of running out of money as soon as next April if significant cuts are not made.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DETROIT &#8211; The city of Detroit could face potential bankruptcy by next Spring if significant cuts are not made. Mayor Dave Bing is set to address the city&#8217;s long-mounting financial crisis. An audit by Ernst &amp; Young, which was ordered by the city and paid for with taxpayer money, showed that the city&#8217;s finances are [&hellip;]<\/p>\n","protected":false},"author":210,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-11489","post","type-post","status-publish","format-standard","hentry","category-national-news","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/11489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/users\/210"}],"replies":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11489"}],"version-history":[{"count":0,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/11489\/revisions"}],"wp:attachment":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}