Category Archives: Politics

New Detroit Budget Cuts Affect Cultural Institutions

The new budget proposal by Mayor Bing has been presented to the Detroit City Council and it contains some large cuts to our cultural institutions. The Detroit Institute of the Arts will lose all of its funding, while all of the other institutions will take a 12% cut. The Cutting Board Detroit Institute of the… Read More »

Detroit Bond Ratings Lowered

The city of Detroit is trapped in a vicious cycle of not having enough money to pay it’s debt obligations, then having their bond ratings lowered as a result, thus making it more expensive to borrow money to meet its debt obligations. There is no easy way out of this situation and city leaders have… Read More »