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Friday, January 21, 2011

Mark Kirk likes state default plan. « Fred Klonsky's blog

Mark Kirk likes state default plan. « Fred Klonsky's blog

Mark Kirk likes state default plan.

Illinois GOP Senator Mark Kirk has joined in the chorus of those who would change the law to allow states to go into default. It would, among a number of things, result in public employee pensions being put at greater risk.

CBS:

Freshman U.S. Sen. Mark Kirk (R-Ill.) says bankruptcy should be considered as an option for some states – such as Illinois – looking to get out from under