CHICAGO - Detroit Mayor Ken Cockrel Jr. Monday unveiled a 2010 budget that features a slew of layoffs while leaving open the possibility of leasing city assets to wipe out an estimated $300 million deficit.

Cockrel presented the $3.6 billion spending plan to the City Council by April 13 as required by law, but said that a number of ongoing negotiations could impact a final budget. The budget includes no federal stimulus funds.

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