It has been almost a year since Detroit was bankrupt, and for the first time in years, the city has money to spend. Detroit has developed a four-year financial plan and reached a collective bargaining agreement with a major union, two targets the city agreed to under the bankruptcy. Although the city is obligated to pay almost nothing into employee pensions over the next nine years, an estimated $195 million pension payment could offset the city's recovery.
Guests:
- Sandra Svoboda, Special Assignments Editor for WDET Public Radio
- Anthony Minghine, Associate Executive Director and Chief Operating Officer of the Michigan Municipal League
- Greg Bowens, Spokesperson for AFSCME Union, and former Reporter and Press Secretary for Detroit Mayor Dennis W. Archer
This show originally aired on December 10, 2015 at 10 a.m.