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Detroit bankruptcy filing puts Obama in awkward spot

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When Detroit on Thursday became the largest U.S. city to file for bankruptcy, it punctured a major narrative that was key to President Obama’s re-election: that his auto bailout would help resuscitate the Motor City’s battered economy and inject life into an area unable to shake hard times. Facing $18.5 billion in long-term debt, Detroit is now turning to the federal courts for help, hardly...

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