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Pennsylvania declares Harrisburg in fiscal emergency

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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-24-11 08:58 PM
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Pennsylvania declares Harrisburg in fiscal emergency
The governor of the US state of Pennsylvania has declared a fiscal emergency in the capital, Harrisburg, beginning a state takeover of the city's finances.

The takeover comes after Harrisburg's city council rejected calls to implement a financial recovery plan and declared bankruptcy.

The city faces debts of $458m (£291m) and has struggled to pay for services.

Critics of the takeover law say it is unconstitutional.

Read more: http://www.bbc.co.uk/news/world-us-canada-15439760
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-24-11 09:18 PM
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1. He'd better cut all their taxes to increase their revenue! n/t
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