Gov. Snyder proposes cash infusion to save Detroit Institute of Arts
Big news out of Lansing yesterday: Gov. Rick Snyder has proposed committing up to $350 million of state money to guarantee city of Detroit pension benefits and to keep Detroit Institute of Arts art off the auction block.
Big news, but not altogether surprising.
Detroit News business columnist Daniel Howes has been writing about this possible cash infusion for weeks now. He joined us today to discuss the issue.
Listen to the full interview above.