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Detroiters cautiously optimistic about Kevyn Orr's plan

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Detroit's Emergency Manager, Kevyn Orr, has laid out his plan to restructure Detroit's finances, and he has spread the pain around.

He ended payment on unsecured debt, he is negotiating with creditors to take significantly less than the money they're owed, and he's looking to city employees and retirees to sacrifice financially as well.


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