Painful Options Ahead: Detroit to Default on $2.5 Billion Debt
The city of Detroit is facing difficult decisions in the face of billions of dollars of debt. Emergency manager Kevyn Orr laid out a last-ditch plan to 150 creditors to accept pennies on the dollar to keep the city running. Some residents are skeptical of Orr's approach. Ray Suarez talks to Matt Helms of the Detroit Free Press.
AIR DATE 6/14/13
PBS NewsHour provides in-depth analysis of current events with a news summary, live studio interviews and discussions of domestic and international issues. Amna Nawaz and Geoff Bennett co-anchor.
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