DETROIT (AP) — Detroit's mayor slashed wages and reduced benefits for city workers Wednesday without any collective bargaining, one of the most severe steps taken so far as officials grapple with a crisis that has pushed the city to the brink of financial ruin.

Dave Bing imposed the new contracts on workers one day after the City Council narrowly rejected them. He was able to bypass the council by relying on terms of a new state law that gives him extraordinary powers to help improve the Motor City's economic health.

The drastic cutbacks and eliminations are expected to save the cash-strapped city more than $100 million annually, Bing said.

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