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Cities, immortalized in song and on the nation s roads. it s best known products sat just about in every driveway. the one fine car in the low-price field. new fashion car styling. take the wheel of a new ford and feel the difference. they sat in just about every driveway, but detroit has long been on the decline. it hit rock bottom this summer, becoming the largest u.s. city to file for bankruptcy. tens of thousands of buildings are ruins or abandoned. half the street lights don t work. if you call police, it s likely you ll have to wait at least an hour before they arrive. two thirds of the city s parks are closed, but they re getting help. $300 million just announced by the obama administration. poppy harlow is here. this is really a drop in the bucket compared to the other needs that detroit, how much they need. so i think that s such an important point because as we ....
Announced detroit is getting $300 million in aid. the money will help alleviate some of the problems that are crushing that city. tens of thousands of blighted or abandoned buildings, almost half the street lights don t work. if you call police, the average response time is almost an hour. and two thirds of the city s parks are closed. half the money will be used to clear some of the city s 78,000 that s right, 78,000 abandoned buildings. another big chunk will go toward making the city s buses safer and help pay for new transit systems. detroit will also get 150 firefighters, more police patrols, the white house emphasizes this is not a bailout. in reality, it s a drop in the bucket compared to detroit s needs. the city is $18 billion with a b dollars in the hole, according to its july bankruptcy filing. okay, time to get you talking ....
Pensions that is affect afc being the city is playing out and lots of other places in the country. has an enormous pension problem looming on the state of horizon, chicago does and so do many other big cities. detroit and resolution to this pension problem, i think, will serve as an example to other cities grappling with the balance of interest between the creditors on one side and the retirees on the other. you say an extreme example. we talked about these stats in rents weeks but bear repeating. detroit is $18 billion in debt. the average police response time for high priority calls is almost an hour. half the parks have been closed since 2008. 40% of street lights don t work. it does kind of beg the question why would anybody want to run for mayor? yeah. that s a good question. i mean, i think right now the two candidates for mayor are both playing their respective strong cards. ....
Bankruptcy. snyder told reporters we ll work hard to make sure we don t need an emergency manager and bankruptcy shouldn t be on the table. so what happened? we worked hard on the process. that s something to be avoided. it s not something i m happy to be in this situation. this was a very tough decision. but it s the right decision. pause ultimately the issue we need to do is get better services for the 700,000 people of detroit. the citizens of detroit deserve better than they re getting today, in addition to dealing with the crushing debt question. we went there all the other processes we could. there were no other viable options. once you go through every other option, then you should consider bankruptcy. we re at that point. i believe it s the right thing to do now, because the focus needs to deal with this debt question, but even more importantly, david, the citizens of detroit deserve better services. 58-minute response times on police calls is unacceptable. 50% of the parks ....
i did everything i could. i did my part. and now this is their part in the bargain. promises made to city workers. now those promises can t be kept because detroit is more than $18 billion in debt. we paid a percentage of our wages every year into that. it s not something being given to us. it s our money. reporter: detroit emergency manager filed for bankruptcy and he s proposed cutting the city s debt by 83%. that will hit city workers and retirees. is it likely that they ll have to see concessions made? there are going to have to be some concessions. reporter: government officials say it s gotten this bad, 78,000 abandoned buildings, 40% of the street lights don t work, and average police response time is 58 minutes. you call the police now, you wonder if they re coming. reporter: michael wells and ....