Mayor Bing after bankruptcy ruling: People will feel pain - FOX 32 News Chicago

Detroit Mayor Bing after bankruptcy ruling: People will feel pain

Posted: Updated:

DETROIT (AP) -- Detroit Mayor Dave Bing says there is "going to be a lot of pain" for people following a judge's ruling that the city is eligible to fix its finances in bankruptcy court.
Bing spoke to reporters Tuesday following the decision from Judge Steven Rhodes.
Bing says there are "going to be a lot of negotiations yet to come," but the city needs to get bankruptcy behind it.
Bing says work continues to improve quality of life for Detroiters, including quickening police and fire response times. He says more improvements will become reality in 2014.
The ruling clears the way for the city to come up with a plan to shed $18 billion in debt. It comes four months after Detroit sought Chapter 9 protection.

Powered by WorldNow

205 N. Michigan Avenue
Ground Floor
Chicago, IL 60601
Station Operator: (312) 565-5532
Newsroom: (312)565-5533

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices