Lansing continues to debate state aide at center of Detroit bankruptcy grand bargain

LANSING, Mich. (WXYZ) - As Michigan Legislators discuss giving Detroit $195 million to help in bankruptcy, a major issue has surfaced over control of City finances for 20 years. 

A financial commission would have veto power over financial decisions made by the Mayor and City Council.  The commission members would be appointed by the Governor with two appointments, the State Treasurer, State Budget Director, State Senate Majority Leader, State House Speaker, and the Detroit Mayor, but not the Detroit City Council. 

Intense behind the scenes lobbying is going on while high profile public hearings are underway in the House.

Detroit Mayor Mike Duggan will be in Lansing on Thursday and could testify then or next week. 

The $195 million would be used to improve retiree pension cuts and save art from being sold at the Detroit Institute of Arts. 

Detroit Emergency Manager Kevyn Orr told Legislators on Tuesday if the money is not approved, those deals that are critical to getting Detroit through bankruptcy would collapse.  

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