Gov. Rick Snyder speaks today flanked by Detroit Mayor Mike Duggan (left) and emergency manager Kevyn Orr. Snyder said that the nation's largest municipal bankruptcy will end at midnight. Paul Sancya/AP hide caption

itoggle caption Paul Sancya/AP

State-appointed emergency manager Kevyn Orr (right) and Michigan Gov. Rick Snyder, at a Friday news conference in Detroit. Carlos Osorio/AP hide caption

itoggle caption Carlos Osorio/AP