Stay updated with breaking news from 18 5 billion. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In the meantime, a county judge in michigan adjourned a hearing until next monday on a lawsuit filed by detroit pension funds. they re trying to stop officials from cutting retired city worker benefits, arguing they re protected by michigan s constitution. last friday, the judge ordered the governor to withdraw the bankruptcy petition. of detroit s $18.5 billion in debt, more than $9 billion is in unfunded pension and health benefits to retired city workers. now, those workers are now certainly concerned about losing their benefits, money they rely on. among them, retired detroit police officer don taylor who joins us live. thank you for your time. thank you for having me. first, how long were you on the force? 26 years, i understand? yeah, i started in 1972 and retired in 1998. so you gave all of or most of your adult life to the city as a police officer. as i understand it, you were ....
Yesterday. she died at a six flags in texas. witnesses say they came out of her seat on a steep turn. her family was riding with her. the parks ride at six flags over texas is closed pending an investigation. three, now just a day after detroit declared bankruptcy, a judge ordered the city to withdraw the filing declaring it unconstitutional. michigan s attorney general says he ll appeal that decision. the motor city has a total of $18.5 billion in debt. now a major contributor to that number is unfunded pensions for city workers. number four, the tv hit glee delayed the production of the next season after the tragic death of one of its stars, corey montief. he was found dead in his hotel room last week from heroin and alcohol overdose. production will now start early next month. number five, the world is waiting for britain s royal baby to arrive including the media. ....
Morning. motor city has that distinction of being the largest city to tumble into insolvency, conditions setting it in motion. spoke about what comes next at a news conference. poppy harlow took it all in. she joins us live. gives us the information you gleaned. i know you re going to have the governor of michigan on soon. but you know, he just basically said enough is enough. this is a city that s been in decline for more than six decades. we ve see the population fall by more than 60%. that means so many fewer people tied with political corruption that the 18$18.5 ....
$18.5 billion in debt. 78,000 abandoned structures in this city, alone. 40% of the street lights don t work. and it takes police on average 58 minutes to respond to calls. so the city services need to get better here, but the question is for all those city workers, the retired workers and the current workers, because i just interviewed kevyn orr, emergency manager who is in charge of all of this in detroit. i said, look, is there any way to get out of bankruptcy without some sort of concessions made by those city workers? and he said, no. the question is, how big will those cuts be, wolf? we re going to be discussing some of those issues with the mayor of detroit, mayor bing is going to be joining us live later this hour. we have lots of questions for him. as we mentioned, the detroit bankruptcy filing could mean smaller pension checks for city workers and retirees and has a lot of them worried about they re future. detroit s emergency manager says nothing will change this year, bu ....
Emergency manager, kiffin orr, they re left on their own to handle this. we are now going through exactly in detail what we had a meeting yesterday, just getting a brief on the status. the question is, we don t know. so, the city is $18.5 billion in debt. a significant portion of the debt is the extent to which pension funds for public employees are underfunded. a spokesman for one fund says the emergency hanger has been hasty good going to these chapter 9 proceedings while they hadn t gotten to negotiations about the debt. still, kevyn orr made it clear he is indeed in a hurry. he is on a timeline to get detroit solvent and only has 18 months to do it. mike tobin, thank you. the fugitive surveillance leaker ed snow den has not ruled out ....