Pennsylvania State Capital Mulls Bankruptcy as a Budget Option
February 04, 2010, 12:21 PM EST
By Dunstan McNichol / Businessweek
Feb. 4 (Bloomberg) — Harrisburg, the capital of Pennsylvania, will consider Chapter 9 bankruptcy protection along with tax increases and asset sales as options to address $68 million in debt service payments due this year, the chairwoman of a City Council committee said last night. Continue reading
