You read that right. Connecticut’s funding of its pension obligations ranks #48 in the country only to be outdone by Kentucky and Illinois.
Connecticut, with...
The pressure on big cities continues to build thanks to overzealous promises by politicians in places like Springfield, IL. The Wall Street Journal continues...
Bankruptcy expert David Skeel makes the case that federal bankruptcy has precedent over state law. Skeel isn't suggesting a federal bailout, but isn't that...