Detroit’s debt-cutting plan headed for approval by retireesJuly 11, 2014 – In The News
The Detroit News
Michael Sweet was quoted in Detroit News’ article, "Detroit's debt-cutting plan headed for approval by retirees.” Full text can be found in the July 11, 2014, issue, but a synopsis is below.
According to early returns, a significant number of Detroit retirees have shown support for the city's debt-cutting plan to reduce its $7 billion debt.
Michael Sweet comments on Detroit’s case, saying: “The trial becomes more complicated or controversial if there’s a lot of votes against the plan.”