Insolvency
Federal judge Steven Rhodes approved Detroit’s plan to shed $7 billion of the total $18 billion debt.
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.”
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.
Detroit Free Press
