Double Headliner: White House to help bankrupt Detroit demolish buildings, hire firefighters While Extra Billions Squandered on Pensions

09/27/13

The White House will send a group of top officials to Detroit on Friday to offer millions in assistance for knocking down empty buildings, hiring firefighters and adding buses to the city fleet, as the city struggles after filing for bankruptcy.

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BUT MEANWHILE

Detroit Spent Billions Extra on Pensions

Detroit’s municipal pension fund made payments for decades to retirees, active workers and others above and beyond normal benefits, costing the struggling city billions of dollars and helping push it into bankruptcy, according to people who have reviewed the payments.

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