Public Bankruptcy Talk Isn’t ‘Dangerous.’ Denial and Dereliction Are – WP Original

  “Bliss just isn’t worth the price.” -Rich Miller   By: Mark Glennon*   Dangerous talk of Chicago schools bankruptcy, — that’s the headline description today in a Crain’s story by Greg Hinz about Governor Rauner’s comments on the Chicago Public School system. Rauner is “pushing CPS or other governmental units into bankruptcy,” Hinz goes on to claim.   Really? Here’s what Rauner actually said:   I’m concerned that the Chicago Public Schools could end up needing to go bankrupt. That’s very possible. We have a mess. They would just have to restructure its debts and its contracts.   Earlier,

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