"We do not have a bankruptcy law for the states or for the federal government, for the same reason:
— Cliff Fiscal (@CliffFiscalCT) April 23, 2020
They are sovereigns."
Which means the SEBAC contract can be unilaterally modified by the state for the public good.https://t.co/dSRqfT3ci4
Friday, April 24, 2020
Kevin Williamson: States Should Not Receive Bankruptcy Protection
