Archives: Kristen De Pena / Articles
Archives: Kristen De Pena / Articles
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Municipal Bankruptcy: An Overview for Local Officials
Cities and other municipalities falling on hard financial times is nothing new, but it is rare that any such entity files for bankruptcy as a way of addressing its massive debts.
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Federal Aid to the States 2008-2011
As the U.S. debt clock nears $16.5 trillion, shortfalls and deficits are the talk of the 2013 fiscal year. Not only does the deficit affect the federal government, but it affects state governments as well.
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Is State Debt Constitutional?
A recent Rasmussen Report found that sixty-eight percent of voters view Congress' job performance as poor. Failure in the eyes of the public doesn't belong only to federal representatives. Many state legislatures face equally dismal public approval ratings.