Detroit wins "grand bargain," but questions remain
It was a big win for Detroit's bankruptcy struggle when the state Senate approved that $195 million rescue package earlier this week. That vote "sealed the deal" on the state's piece of the so-called "grand bargain."
But is the complicated and precarious deal a reality yet?
As Detroit News business columnist Daniel Howes explained on the show today, the answer is "no."
*Listen to the full interview above.