With state, county and city officials at loggerheads over how to save Harrisburg, Pa., from a $300 million debt burden, residents of the state capital will have an opportunity to grill elected officials about their options at a public hearing Tuesday evening.
The discussion will likely center on whether the city would be better off filing for Chapter 9 bankruptcy protection or pursuing other alternatives to address the large debt linked to a failed incinerator project whose funding the city guaranteed.
Last Tuesday, however, the Harrisburg City Council approved by a 4-3 vote Councilman Brad Koplinski's recommendation to begin preparing paperwork in case of a bankruptcy filing.
Read the entire article at the Wall Street Journal
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