DPTV’s Christy McDonald talks bankruptcy on PBS NewsHour

DPTV’s Christy McDonald talks bankruptcy on PBS NewsHour

News of the deals reached between pensioners and the city last week drew national attention, including from PBS. Detroit Public Television’s Christy McDonald appeared on NewsHour to discuss how the deal came about and its terms. McDonald is the host of the weekly MiWeek public affair program on DPTV, our Detroit Journalism Cooperative partner.

Emergency Manager Kevyn Orr had been publicly discussing cuts of up to 34 percent to pension payments. So when the agreements were announced that included 4.5 percent reductions for non-uniform groups and zero cuts for police and fire, many were surprised.

McDonald broke down the process on the program.

You don’t come to the table first with your best deal. You have to start the negotiation. And those negotiations have been coming fast and furious ever since the city put its first plan of adjustment on the table about a month or so ago, which really is the road map of how Detroit is going to get itself out of bankruptcy.