Those who have glanced at this blog know that I am no fan of the art-for-pensions deal– aka, the Grand Bargain– in its current form. Here’s a recent op-ed on that theme.
A committee of the Michigan House has a key vote on Michigan’s proposed contribution to the deal today. One of the interesting features of the political context is that Michigan governor Rick Snyder is a Republican; the legislature is controlled by Republicans; and as it turns out, Judge Gerald Rosen, the mediator who is purported to have masterminded the art-for-pensions deal, was once a Republican candidate for Congress. Given that Michigan Republicans have had a fraught relationship with Detroit in the past, a decision to provide state support– either for this deal or in another form– would be a little like Nixon’s decision to go to China.