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Snyder shies away from 'bailout' concept when it comes to Detroit

LANSING, MI (AP)--   In his State of the State address, Governor Rick Snyder didn't mention that he's approached lawmakers about the possibility of committing money to help Detroit emerge from bankruptcy.

It's politically tricky terrain for the Republican governor and legislators uncomfortable with talk of a "bailout." Some lawmakers are worried about financial assistance to Detroit setting a precedent if other cities collapse.

Legislators have other spending priorities, too.

Snyder is gauging support for a state commitment of $350 million over 20 years, matching commitments from foundations to shore up Detroit's pension plans and prevent the sale of city-owned art.

Snyder hasn't talked much publicly about the developing plan partly due to a confidentiality order in the bankruptcy mediation process. Lawmakers open to the concept say steep pension cuts must be avoided.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.