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NJTV NEWS

Experts Say Detroit-Style Bankruptcy Won't Happen in NJ

  • Aired: 07/24/2013
  • 02:52
  • Rating: NR
Because of reviews of municipal budgets, limits to the amount of debt municipalities can incur and help for those that get into fiscal trouble, experts say New Jersey's cities won't go bankrupt.
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Experts Say Detroit-Style Bankruptcy Won't Happen in NJ
Experts Say Detroit-Style Bankruptcy Won't Happen in NJ
Because of measures in place, experts say New Jersey's cities won't go bankrupt.
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