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McConnell Says He Favors Allowing States to Declare Bankruptcy
Bloomberg, Apr. 22, 2020–Steven T. Dennis, William Selway
Senate Majority Leader Mitch McConnell, R-Ky., said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy rather than giving them a federal bailout.
https://www.bloomberg.com/news/articles/2020-04-22/mcconnell-says-he-favors-allowing-states-to-declare-bankruptcy?srnd=premium