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Bills propose $195 million payment to Detroit

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LANSING, Mich. (AP) — Lawmakers introduced legislation late Thursday to use about $195 million from Michigan's savings account to help shore up bankrupt Detroit's pension funds and prevent the sale of valuable city-owned art, as long as the state has continued oversight over city finances for decades to come. The aid would be paid in a lump sum and is meant to join contributions from private...

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