Governor Makes `Settlement' Offer for Detroit

Jan. 22 (Bloomberg) -- Michigan Governor Rick Snyder, a Republican, speaks at a news conference in Detroit about a plan to help resolve the city's bankruptcy case. Michigan would pay $350 million over 20 years to reduce Detroit's pension liabilities under the proposal made by Snyder. Michigan Senate Majority Leader Randy Richardville and House Speaker Jase Bolger, both Republicans, also speak. (Source: Bloomberg)

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