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Around Michigan & State Government
Coverage from across Michigan and the state Capitol with the Michigan Public Radio Network and Interlochen Public Radio.

Detroit's Big Three Toss $26 Million Into Pot For 'Grand Bargain'

Michigan Public | By Tracy Samilton
Published June 9, 2014 at 4:46 PM EDT

As Detroit's bankruptcy trial inches closer, groups are contributing funds to what's become known as the "Grand Bargain" — the effort to protect retired city workers' pensions and the Detroit Institute of Arts from creditors. General Motors, Ford and Chrysler just announced they will pitch in, too. But, as Michigan Radio's Tracy Samilton reports, the entire Grand Bargain could unravel if the city's retirees reject the deal.

Copyright 2021 Michigan Radio. To see more, visit Michigan Radio.

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Around Michigan & State Government General MotorsbankruptcyMichigan Business & EconomyAround Michigan & State GovernmentDetroit
Tracy Samilton
Tracy Samilton covers the auto beat for Michigan Radio. She has worked for the station for 12 years, and started out as an intern before becoming a part-time and, later, a full-time reporter. Tracy's reports on the auto industry can frequently be heard on Morning Edition and All Things Considered, as well as on Michigan Radio. She considers her coverage of the landmark lawsuit against the University of Michigan for its use of affirmative action a highlight of her reporting career.
See stories by Tracy Samilton