As the economic downturn has caused many states and municipalities to borrow large amounts of money, some worry there may be a glut of them going bankrupt.
Municipalities and states have borrowed far more this year than in the recent past, which is fueling concern.
"Where is all this tension about municipal bankruptcy and muni bond defaults coming from, and why? It's true that state and local debt is at an all time high. State and local governments have borrowed $2.4 trillion as of mid-2010, according to the Federal Reserve. That's an increase of 35 percent in the past five years. It's also true that several European countries, such as Greece and Ireland, have been on the verge of defaulting on their loans. Does that mean it can happen here?"
FULL STORY: Are Municipal Bankruptcies Imminent?

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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