This News Reporter’s Story Shows Just How Awful the City of Detroit Has Become
If you’ve been watching the news today, you probably heard that the city of Detroit has declared Chapter 9 bankruptcy. This is the largest city in the United States to have ever declared bankruptcy. It’s being reported that Detroit is facing a budget deficit of $380 million and their long-term debt could be as high as $17 to $20 billion dollars!
This news report from a FOX affiliate in Detroit proves just how bad things are in Detroit: