Fiscal Health In Hartford: The Costs And Benefits Of Declaring Bankruptcy
Click here to listen to full show.
Hartford is inching closer and closer to insolvency — at a time when Connecticut is facing a fiscal crisis of its own.
This hour, we talk about the B word. Without the state to lean on, could Hartford file for bankruptcy?
We discuss what it means when a city goes bankrupt and how common it actually is. We also learn whether bankruptcy helped or hurt other cities like Detroit.
Plus, the General Assembly’s Majority Leader in the House, Representative Matt Ritter will join us to talk about whether lawmakers will give Hartford what it needs — state aid to keep it afloat.
Do you worry about Hartford’s financial future and what impact it will have on Connecticut?
- Liz Farmer - Public Finance Reporter at Governing Magazine
- Nathan Bomey - Business Reporter at USA Today, author of Detroit Resurrected: To Bankruptcy and Back, covered Detroit’s bankruptcy for the Detroit Free Press
- Shirley Lightsey - Detroit Resident
- Michael Dobbs - Managing Editor for Reminder Publications in Western Massachusetts
- Matt Ritter - Democratic State Representative serving Hartford, House Majority Leader