Now that Illinois Senator President Don Harmon has broached the subject of a bailout and Senator Mitch McConnell opened up the possibility of bankruptcy, Illinois’ fiscal mismanagement is in the national spotlight.
Ted was on with John Kass last week to discuss what bankruptcy could look like for Illinois and Chicago.
Pritzker and Lightfoot have run out of can-kicks but categorically reject reforms, and Americans won’t bail them out. So what’s their plan? Bankruptcy may be the only option.