Insolvency

Federal judge Steven Rhodes approved Detroit’s plan to shed $7 billion of the total $18 billion debt.
Nov 8, 2014   The Washington Post
Georgia Department of Transportation Commissioner Keith Golden recently told a gathering about the state’s reliance on federal money for transportation, saying, “We’ve got to find a way to break away from our dependence on federal dollars.”
Mar 18, 2014   Marietta Daily Journal
The story of how Detroit became the largest US city to ever file for bankruptcy is a long and tangled one featuring many villains and several "if only" moments. The Detroit Free Press reviews 50+ years of financial history to set the record straight.
Sep 16, 2013   Detroit Free Press