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Fiscal Health In Hartford: The Costs And Benefits Of Declaring Bankruptcy

Ksenia Andreeva
/
Creative Commons
Hartford skyline

Hartford is inching closer and closer to insolvency — at a time when Connecticut is facing a fiscal crisis of its own.

This hour, we talk about the B word. Without the state to lean on, could Hartford file for bankruptcy?

We discuss what it means when a city goes bankrupt and how common it actually is. We also learn whether bankruptcy helped or hurt other cities like Detroit.

Plus, the General Assembly’s Majority Leader in the House, Representative Matt Ritter will join us to talk about whether lawmakers will give Hartford what it needs — state aid to keep it afloat.

Do you worry about Hartford’s financial future and what impact it will have on Connecticut?

GUESTS:

Join the conversation on Facebook and Twitter.

Chion Wolf contributed to this show.

Lucy leads Connecticut Public's strategies to deeply connect and build collaborations with community-focused organizations across the state.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

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All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.

SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.