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- Detroit files plan to fix debt, leave bankruptcyDetroit's emergency manager filed a plan Friday to restructure the city's $18 billion debt by making cuts to pensions and creditors.
Michigan attorney general backs pensioners in Detroit bankruptcySchuette said Michigan's constitution is "crystal clear" in stating that pension plans are a contractual obligation that may not be diminis...- Detroit's Mayor Dave Bing says he hasn't asked for federal bailoutMichigan Governor Rick Snyder said on NBC Detroit would have continued to have "gone further downhill" if the city hadn't filed for bankrup...
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