not complete and negotiations on the debt rebleven not begun but orr is on a time line. 18 months to get detroit in the black. we don t have time for more delaying tactics and for more litigation and business as usual. reporter: it s been a long fall for detroit from the hey day to auto manufacturing to 18.5 billion in debt and a revenue stream of only about a billion dollars. mike tobin in chicago. i want to talk about what this means for the chicago and you and your family at home. melissa francis is live back in new york. she is the host of money with melissa francis. good evening, melissa. what does this mean to people living outside of detroit looking in? it means to the city that you re living in right now, you can bet the people who run your city are looking harder at their finances tonight. if they are doing what detroit was doing and that was spending $100 million more than they were taking in every year since 2008.