It's taken months of bargaining, bickering and posturing, but there have been promising advances in the Detroit bankruptcy journey.
Pieces are starting to fall into place that could complete the so-called "grand bargain" that would protect the DIA collection and soften the blow for Detroit's retirees.
First came word of a tentative deal between the city and its pensioners. A day later, the board that represents police and fire retirees gave a unanimous approval to the deal.
Now it's on to the next hurdle: getting state lawmakers to approve Michigan's share of the grand bargain –$350 million.
Chris Gautz, Capitol Correspondent of Crain's Detroit Business, joined us today.
Listen to the full interview above.
