[i]WASHINGTON (AP) - Three big city mayors asked the federal government Friday to use a portion of the $700 billion financial bailout to assist struggling cities.
The mayors sought help with their pension costs, infrastructure investment and cash-flow problems stemming from the global financial crisis.
The mayors—Michael Nutter of Philadelphia, Shirley Franklin of Atlanta and Phil Gordon of Phoenix—made their request in a letter to Treasury Secretary Henry Paulson.
Nutter said cities are facing an economic crisis not seen since the Depression and need help just like financial institutions.
"I want to make sure that cities and metro areas are at the table, that their voices are being heard, that our challenges and problems are well understood, so that we can get relief," Nutter said.
President-elect Barack Obama has also called for some sort of aid to state and local governments so they don't have to raise taxes or lay off workers while the federal government is trying to revive the economy, but he hasn't proposed or endorsed a specific aid plan. [/i]