Detroit bankruptcy

Emergency Manager Kevyn Orr's restructuring plan includes large cuts in pension payments for retired city workers

Governor Rick Snyder has said funding for Detroit Institute of Arts collection would be part of overall settlement

10 year plan would offer city's creditors 20% of what they're owed

An official says the administration didn't have tools available to help the city get out of bankruptcy and that it was unlikely that Congress would approve any proposal to provide them.

Battle Creek foundation joins nine others in pledging support to Detroit