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Detroit's Debt Restructuring Plan 'Complicated' The plan has been touted as the blueprint for Detroit's future and key in the city's sojourn through the largest municipal bankruptcy in U.S. history.
Detroit EM Releases Financial Plan; City Exceeding Budget By $100M AnnuallyDetroit is broke.That's the gist of a new report from the city's emergency manager, Kevyn Orr.
Flint Emergency Manager Says 3 Unions OK DealsFlint's state-appointed emergency financial manager says two police unions and a firefighters union have voted to approve labor agreements with the city following talks about potential concessions.
Financial Plan: Flint Union Contracts Under ReviewFlint's city employee union contracts are under review for possible renegotiation, according to a new financial plan from a state-appointed emergency financial manager.
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