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Detroit Mayor: No Federal Bailout 'Yet'

11:17 AM, Jul 21, 2013 • By DANIEL HALPER
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Detroit mayor Dave Bing tells ABC's George Stephanopoulos that there's no bailout "yet":

"So no federal bailout?" the host asks the mayor of the city that just declared bankruptcy.

"Not yet," says Mayor Bing. "You know, I know the president has a lot on his plate."

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