Holy smokes. Is this guy and his friends insane? They won't have to worry about the average Joes getting upset with things. They'll be fighting off government employees and retirees with pitchforks and torches. Passage of a bill like this would mean the end of the gop. And I even hate to think what it would mean for the economy as states line up to default on their debt.
Newt Gingrich Pushing Bill To Allow States To File Bankruptcy Allowing Them To Renege On Pension And Benefit Obligations | zero hedge
Newt Gingrich Pushing Bill To Allow States To File Bankruptcy Allowing Them To Renege On Pension And Benefit Obligations | zero hedge