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FILE - In this July 19, 2013, file photo, state-appointed emergency manager Kevyn Orr, right, and Michigan Gov. Rick Snyder, address reporters during a news conference in Detroit after Orr asked a federal judge for bankruptcy protection. Orr chose bankruptcy over diverting money from police, fire and other services to make debt payments. The move conserves cash so the city can operate, but it will hurt Detroit's image for years. It will also leave creditors with much less than they are owed and places in jeopardy the pension benefits of thousands of city retirees. (AP Photo/Carlos Osorio, File)

FILE - In this July 19, 2013, file photo, state-appointed emergency manager Kevyn Orr, right, and Michigan Gov. Rick Snyder, address reporters during a news conference in Detroit after Orr asked a federal judge for bankruptcy protection. Orr chose bankruptcy over diverting money from police, fire and other services to make debt payments. The move conserves cash so the city can operate, but it will hurt Detroit's image for years. It will also leave creditors with much less than they are owed and places in jeopardy the pension benefits of thousands of city retirees. (AP Photo/Carlos Osorio, File)

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