Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

State bankruptcy bill imminent, Gingrich says

Reuters link

Excerpt:

Because states are sovereign, they cannot declare bankruptcy as cities can, and most have provisions in their constitutions that make defaulting on debt next to impossible.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.