Midwest Memo: Detroit’s Consent Agreement, Cuyahoga County’s Bad Deal And Chicago Ranks

Decision time in Detroit Today, MIchigan Governor Rick Snyder is expected to announce the details of a new consent agreement with the city of Detroit. Partner station Michigan Radio says the agreement would give broad, budget-cutting powers to the city’s elected officials, without appointing an emergency manager. Without drastic cuts, leaders are worried Detroit could run out of cash by this summer.

A deal gone sour The executive of Cuyahoga County is looking into a possible lawsuit over a land deal that cost the county $45 million. Some of the people involved in the deal have been convicted of corruption.

We’re number 9! A new ranking puts Chicago ninth among the world’s most competitive cities. Chicago ranked behind cities including New York, London, Singapore, Paris and Hong Kong. It ranked just ahead of Boston, according to the Chicago Tribune.

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