Municipalities and Bankruptcy
Kim Rueben talked by video link from San Francisco about Detroit filing for bankruptcy July 18, 2013. She discussed what occurs when a… read more
Kim Rueben talked by video link from San Francisco about Detroit filing for bankruptcy July 18, 2013. She discussed what occurs when a city, town, or county makes the decision to file for fiscal protection from creditors. Topics included the general causes of municipal bankruptcy filings, the rate at which they occur, and how pensions, health care, and other financial obligations are managed.
Michael LaFaive joined the discussion by Skype. He gave his perspective on what might result from Detroit declaring bankruptcy and what it means for Michigan as a whole.
The program concluded with C-SPAN Radio’s Nancy Calo previewing the Sunday morning talk shows. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Michael D. LaFaive Director Mackinac Center for Public Policy->Morey Fiscal Policy Initiative
- Paul Orgel Host C-SPAN
- Kim Rueben Senior Fellow Urban Institute, The->Urban-Brookings Tax Policy Center
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