The Craig Fahle Show

Kevyn Orr Releases Initial Report on City Finances

Monday, May 13, 2013

Detroit Emergency Manager Kevyn Orr declared the city "insolvent" in his initial report released Monday, May 13, 2013. Craig speaks with Detroit News Lansing Bureau Reporter Chad Livengood about the future of the city's finances. Livengood examines the 41-page report in his recent article.

Will renegotiating legacy benefits and union contracts be enough to improve Detroit's financial situation?

Click on the audio player above and feel free to leave your comments below...

Photo courtesy of the AP.