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Detailed text transcripts for TV channel - FOXNEWS - 20130719:19:34:00

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 ....

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