Can Cities In Illinois Go Bankrupt?

Name: Can Cities In Illinois Go Bankrupt?
Uploaded: 2014-12-16T23:37:30Z
Duration: P920S
Description: The Better Government Association reports that some Illinois municipalities struggling with high debt loads and troubled budgets could be looking at bankruptcy as an option to get out of a financial hole -- even though it's technically illegal.

Clip: 12/16/2014 | 15m 20s | Video has closed captioning.

The Better Government Association reports that some Illinois municipalities struggling with high debt loads and troubled budgets could be looking at bankruptcy as an option to get out of a financial hole -- even though it's technically illegal.

Aired: 12/16/14

Rating: NR