We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

State of need

6 December 2010 By James Pethokoukis

House Republicans want to stop state and local governments issuing taxexempt bonds unless they are more forthright about future obligations. The effort may pave the way for a more radical one: changing the law so that states are allowed to go bankrupt and stiff their creditors.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)