Orr Begins Tenure as Detroit's Emergency Manager

Monday, 25 Mar 2013 10:07 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Bankruptcy attorney and turnaround specialist Kevyn Orr has arrived at Detroit City Hall for his first day on the job as emergency manager.

Orr has said he expects to sit down with Mayor Dave Bing Monday and meet with some City Council members.

He was appointed earlier this month by Gov. Rick Snyder and takes over the finances of the largest city in the country to come under state oversight.

Orr also plans to look at the city's financial data to help develop his plan of action in tackling Detroit's fiscal crisis. The city has a $327 million budget deficit and more than $14 billion in debt.

Some, including a group led by prominent Detroit pastors, have said they will protest Orr's appointment and Michigan's emergency manager law.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Faulty Takata Air Bags May Not Be Replaced for Months

Thursday, 30 Oct 2014 08:52 AM

U.S. safety regulators do not expect Japanese auto parts maker Takata Corp. to be able to fully supply replacement parts . . .

California Announces Ebola Quarantine Rules

Thursday, 30 Oct 2014 08:40 AM

California announced new quarantine guidelines Wednesday for people arriving in the western state deemed to pose a risk  . . .

Bumgarner, Giants Beat KC 3-2 to Win World Series

Thursday, 30 Oct 2014 00:32 AM

Madison Bumgarner and the San Francisco Giants succeeded where no team had in 3 1/2 decades, winning Game 7 on the road  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved