http://www.freep.com/article/20111103/NEWS01/111030537/Mayor-Dave-Bing-Detroit-may-need-emergency-manager?odyssey=tab|topnews|text|FRONTPAGE
The City of Detroit is sliding closer to insolvency and may soon require the intervention of a state-appointed emergency manager, Mayor Dave Bing told council members behind closed doors, according to sources who were in the meeting.

As pension and health care costs continue to skyrocket, Bing said, the city is quickly running out of money.


Unions, which took 10% pay cuts last year, have refused to accept deep cuts in health care and pension costs.


The situation is dire, said mayoral spokesman Dan Lijana.


"If we don't get a handle on those costs, we can't solve the city's financial problems," Lijana said Wednesday. "We've cut the budget to the bone."