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Deal In Detroit Could Signal Cuts To Pensions Elsewhere

Retirees Mike Shane (left) and William Davis protest near the federal courthouse in Detroit on July 3. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday. (AP)
Retirees Mike Shane (left) and William Davis protest near the federal courthouse in Detroit on July 3. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday. (AP)

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