On Monday, Gov. Rick Snyder of Michigan defended Detroit’s bankruptcy filing as a final effort to prevent the city’s lengthy financial decline. “‘This is a crisis,’ the governor said in United States Bankruptcy Court. ‘It still is a crisis today.’”
The governor was testifying in the trial on whether Detroit met federal eligibility rules when it filed for Chapter 9 bankruptcy in July of this year. He approved the bankruptcy filing on July 18 based on the recommendation of Kevyn Orr, Detroit’s emergency manager.