Senators Continue To Float State Bankruptcy Option
"We're exploring that as a responsible option," Sen. John Cornyn, R-Texas, told reporters Tuesday, according to Reuters.
But Senate Minority Leader Mitch McConnell, R-Ky., said no decision has been made about introducing legislation and that, in any event, "there will be no bailout of states."
On Monday House Majority Leader Eric Cantor, R.-Va., said that states already have sufficient...
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