Can Cities In Illinois Go Bankrupt?
Clip: 12/16/2014 | 15m 20sVideo has Closed Captions
The BGA says IL municipalities struggling with debt loads could be looking at bankruptcy.
The Better Government Association reports that some Illinois municipalities struggling with high debt loads and troubled budgets could be looking at bankruptcy as an option to get out of a financial hole -- even though it's technically illegal.
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Can Cities In Illinois Go Bankrupt?
Clip: 12/16/2014 | 15m 20sVideo has Closed Captions
The Better Government Association reports that some Illinois municipalities struggling with high debt loads and troubled budgets could be looking at bankruptcy as an option to get out of a financial hole -- even though it's technically illegal.
Problems playing video? | Closed Captioning Feedback
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