Republican Senate Leader Mitch McConnell, R-Kentucky, said on Wednesday he would rather see states declare bankruptcy than issue another $500 billion requested by the National Governors Association to bail out states facing lower revenues and
bankruptcy
Hartford's five year recovery plan will fall into deficit by year three despite the state paying Hartford's debt, according to the plan submitted to the state’s Municipal Accountability Review Board, tasked with overseeing Connecticut’s beleaguered capital
When people think of a major city declaring bankruptcy the city of Detroit often comes to mind with its sky-high crime rates and areas of urban wasteland. But as more and more cities like Hartford