Detroit Mayor Bing:'Huge' help for Detroit on way from White House

The Detroit News reports:

Mayor Dave Bing said today a major announcement would be coming from the White House in 45 to 60 days to help the troubled city, but was mum on the details.
"It's coordination, collaboration from different federal agencies," Bing said after giving remarks at a media event at the Charles H. Wright Museum of African American History. "The funding is primarily here. We've got a lot of money that's been allocated to Detroit that I don't think we've done a good job of allocating it where it should go."

Another Obama-style bailout?