Kevyn Orr believes Detroit’s long-term debt tops $17 billion

Dem-Controlled Detroit Defaults

By Arnold Ahlert —— Bio and Archives--June 17, 2013

American Politics, News | Comments | Back To Full Article

In Detroit, more than a half-century of Democratic rule has taken the ultimate toll. On Friday, Kevyn Orr, the emergency fiscal manager appointed March 1 by Republican Gov. Rick Snyder, announced that the city intends to default on approximately $2.5 billion in unsecured debt.

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