Detroit official: Debt plan ‘adjustments’ possible

Published



DETROIT (AP) — Detroit’s chief financial officer acknowledged Thursday that officials may have to make “adjustments” to a plan aimed at reducing the bankrupt city’s debt if future revenues come in lower than projected.

John Hill Jr. was the first witness called during a trial that began this week, where a federal judge is weighing whether to approve the city’s long-term plan to get out of bankruptcy.

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