
File- This Oct. 3, 2013, file photo shows Detroit Emergency Manager Kevyn Orr gesturing during an interview at the Detroit Economic Club luncheon in Detroit. A proposed plan to restructure Detroit’s debt calls for retirees and pensioners to receive $4.3 billion in payments and bondholders about $1.1 billion over the next 40 years, leaving the bankrupt city with a surplus of nearly $336 million. (AP Photo/Carlos Osorio, File)
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