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Politics & Government

Detroit wins "grand bargain," but questions remain

detroitriverbridge_010.jpg
(photo by Steve Carmody/Michigan Radio)
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A downstream view of the Ambassador Bridge and downtown Detroit from the proposed location of the new bridge crossing

It was a big win for Detroit's bankruptcy struggle when the state Senate approved that $195 million rescue package earlier this week. That vote "sealed the deal" on the state's piece of the so-called "grand bargain."

But is the complicated and precarious deal a reality yet?

As Detroit News business columnist Daniel Howes explained on the show today, the answer is "no."

*Listen to the full interview above. 

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