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Dave Bing

Detroit mayor Dave Bing won't seek re-election

A visibly frustrated Detroit Mayor Dave Bing announced Tuesday that he won't seek a second term and ripped Michigan officials for not giving him enough time to solve the financially strapped city's problems on his own.His announcement came just seven weeks after the city's checkbook was handed over to an emergency manager, making it the largest U.S. city placed under state oversight.Detroit has a budget deficit approaching $380 million and long-term debt over $14 billion. The city could run out of cash before the end of the year, and bankruptcy hasn't been ruled out.Known for his cool as a former NBA basketball player, Bing spoke in a measured tone during a news conference where he announced he'll step down after his term ends in December. He spent the first 15 minutes touting his own accomplishments while blasting Gov. Rick Snyder and other Michigan officials for failing to cooperate with city leaders on a solution."Change takes time and hard work," Bing told supporters at the Charles...

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