"The immediate reaction, however, has mostly ranged from confusion to criticism.Considering that Detroit's unfunded pension liabilities are estimated to be $3.5 billion – and city-owned art at DIA is appraised at $875 million – it's unclear what $350 million could accomplish.
Moreover, in a state where the federal bailout of the auto industry was widely criticized by Republicans, Snyder risks alienating his own party by using state money for his plan."
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