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Monday, April 18, 2011

Michigan Governor Signs Emergency Manager Bill

Legislation Would Give Broad New Powers To Emergency Managers In Michigan

POSTED: Tuesday, March 15, 2011
UPDATED: 7:47 pm EDT March 16, 2011

Gov. Rick Snyder has signed legislation giving broad new powers to emergency financial managers appointed by the state of Michigan to run struggling cities and schools, including the ability to terminate union contracts. The Republican governor signed the measures Wednesday, the same day that thousands of union protesters rallied inside and outside the Capitol to protest the bills and others they say are anti-union. Related Story: Protesters Rally At Michigan Capitol Snyder says the six bills he signed will let the state offer assistance earlier when local governments are in financial distress, instead of waiting until they're on the brink of bankruptcy and give financial managers better tools. Many Democrats and labor unions say it's a state power grab that could set up virtual dictatorships and strip power from local elected officials. WATCH: Emergency Manager Bill Awaits Snyder's Signature Let us know what you think. Leave your comments below.
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