DETROIT — The battle over the future of Detroit is set to begin this week in federal court, where government leaders will square off against retirees in a colossal debate over what the city owes to a prior generation of residents as it tries to rebuild for the next.
Soon after Detroit emergency manager Kevyn D. Orr and Gov. Rick Snyder (R) approved a bankruptcy filing Thursday, groups representing the 20,000 retirees reliant on city pensions successfully petitioned a county court to effectively freeze the bankruptcy process.
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Michigan Governor Rick Snyder discusses the city of Detroit's bankruptcy declaration.
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Zachary A. Goldfarb
The city’s emergency manager said Sunday that retirees’ benefits will have to be cut down the road.
Amrita Jayakumar
This week brings updates on the housing market.
Pay for doctors is supposed to depend on the time and intensity of the procedures they perform. But the estimated duration of procedures used by the American Medical Association and the government are so exaggerated that many doctors averaged more than 24 hours of work in a single day. Records show that 340 doctors at outpatient surgical clinics in Florida performed at least 16 hours of procedures per day, even though most clinics are open for about 10 hours.
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Now, city and state officials, who say the court ruling will not affect their plans, are asking a federal judge to hold hearings early this week to validate the bankruptcy and move forward with a strategy for Detroit to discharge much of its estimated $19 billion debt.
Orr has promised that retired city workers, police officers and firefighters will not see pensions or health benefits reduced for at least six months. But on Sunday, he said those retirement benefits will have to be cut down the road.
“There are going to be some adjustments,” Orr said on “Fox News Sunday.” “.
Soon after Detroit emergency manager Kevyn D. Orr and Gov. Rick Snyder (R) approved a bankruptcy filing Thursday, groups representing the 20,000 retirees reliant on city pensions successfully petitioned a county court to effectively freeze the bankruptcy process.
Video
Michigan Governor Rick Snyder discusses the city of Detroit's bankruptcy declaration.
More business news
Zachary A. Goldfarb The city’s emergency manager said Sunday that retirees’ benefits will have to be cut down the road.
Amrita Jayakumar This week brings updates on the housing market.
Pay for doctors is supposed to depend on the time and intensity of the procedures they perform. But the estimated duration of procedures used by the American Medical Association and the government are so exaggerated that many doctors averaged more than 24 hours of work in a single day. Records show that 340 doctors at outpatient surgical clinics in Florida performed at least 16 hours of procedures per day, even though most clinics are open for about 10 hours.More business news
Now, city and state officials, who say the court ruling will not affect their plans, are asking a federal judge to hold hearings early this week to validate the bankruptcy and move forward with a strategy for Detroit to discharge much of its estimated $19 billion debt.
Orr has promised that retired city workers, police officers and firefighters will not see pensions or health benefits reduced for at least six months. But on Sunday, he said those retirement benefits will have to be cut down the road.
“There are going to be some adjustments,” Orr said on “Fox News Sunday.” “.