Governor Rick Snyder of Michigan
Governor Rick Snyder and newly appointed Detroit emergency financial manager Kevyn Orr met with members of the media today to talk about working together to move Detroit upward.
In a meeting with The Detroit News editorial board (video above), Orr explained that consultants are already analzing the "triangle of things that need to get done," which includes improving city services and growing them, managing employee and retiree benefits and compensation, and debt service. Notably, the City of Detroit is shouldering a $327 million budget deficit and $14.9 billion in pension and health care liabilities.
The Detroit News report on Orr's approach to solving Detroit's financial emergency:
Orr added he's going to take a data-driven approach to how he operates in City Hall, but he's going to be sensitive to how his actions are perceived in Detroit. He noted his brother was born in a segregated hospital and blacks in his hometown were not allowed to go to a public park.
"You have to be aware of the real-world consequences that cause ... and how (it) makes people feel," Orr said. "This is going to be a data-driven operation with an understanding of real-world consequences. I'm a restructuring professional, but I'm sensitive to that because this is different than just doing business."
Governor Snyder has identified the next steps toward solving the problem, which includes fixing the City's short-term cash crisis, dealing with long-term obligations, and putting a system in place to responsibly manage its budget so these financial issues don't happen again. In an interview this morning on MSNBC's "Morning Joe," Governor Snyder outlined his vision for success in Detroit.
I appreciate the efforts of the mayor and the city council to solve the problem, but it wasn't enough. We need to get this turned around and we will get it turned around . . . We need better city services to citizens, we need financia stability, and we need to grow the City of Detroit. And a growing Detroit will be great for Michigan and the entire country, and we're gonna get this job done.
Watch more of Governor Snyder and Kevyn Orr's MSNBC interview below: