Pensioners to negotiate as Detroit starts financial recovery
Clip: 12/3/2013 | 4m 56s
Pensioners will face negotiations as Detroit starts road to financial recovery
A federal ruling will allow Detroit to move forward with its bankruptcy and to possibly cut pensions as part of the debt-shedding process. Judy Woodruff talks to Christy McDonald of Detroit Public Television about the choices the emergency manager Kevyn Orr has to consider when crafting a restructuring plan for the Motor City.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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Pensioners to negotiate as Detroit starts financial recovery
Clip: 12/3/2013 | 4m 56s
A federal ruling will allow Detroit to move forward with its bankruptcy and to possibly cut pensions as part of the debt-shedding process. Judy Woodruff talks to Christy McDonald of Detroit Public Television about the choices the emergency manager Kevyn Orr has to consider when crafting a restructuring plan for the Motor City.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...