Deadline Looms On Detroit Bankruptcy Plan06:07
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In Detroit, 32,000 city pensioners are voting on a plan that, if approved, would cut their benefits as part of a massive budget restructuring package. The plan would allow Detroit to climb out of bankruptcy and reduce its $18 billion debt.

Voters had to mail their ballots to a consulting firm in California by 5 p.m. Eastern time today.

Here & Now's Meghna Chakrabarti talks to Sarah Cwiek, Detroit reporter for Michigan Radio, about the vote and the Detroit bankruptcy process.

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This segment aired on July 11, 2014.

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