Senate Fiscal Agency says Prop 6 will cost taxpayers
"A ballot proposal meant to stall a new international bridge in Detroit could cost Michigan taxpayers tens of millions of dollars. That’s according to a report from the Senate Fiscal Agency. Proposal 6 would require a public vote on any new international bridge or tunnel. The report says it would cost the state nearly $10.5 million to hold a special election on a new crossing. On top of that, researchers say tens of millions of dollars in infrastructure funding could also be in jeopardy," Jake Neher reports.
ACLU suing Morgan Stanley for racist lending in Detroit
"The American Civil Liberties Union is suing Morgan Stanley on behalf of five Detroit homeowners. The group says Morgan Stanley violated federal anti-discrimination laws by encouraging a now-defunct sub-prime mortgage lender to make risky loans in predominantly black neighborhoods. The lawsuit was filed in a New York federal court, and seeks class-action status," Sarah Cwiekreports.
Response to meningitis outbreak might take time
"Congressman John Dingell says it will take time to figure out the right response to a meningitis outbreak caused by tainted steroids. But he's urging Congress to take action and ensure the same thing never happens again. Dingell says right now, the Food and Drug Administration lacks the authority to regulate the company that made the contaminated medicine -- which has killed 15 people so far," Chris Zollars reports.
