Sign in or create an account

| Forgot Password?

AEI- When States Go Broke

« Back to Events
This event has passed.
AEI- When States Go Broke
November 8, 2012 4:30 pm
November 8, 2012 6:00 pm
November 5, 2012
1150 17th Street, NW 12th Floor, Washington, DC, DC, 20036 , United States

Extraordinary and sometimes crippling levels of debt have plagued American states in recent years. State officials are often bound by inherited obligations to their citizens and employees and frequently lack the resources to meet those demands. David A. Skeel Jr., a University of Pennsylvania law professor, suggests an innovative solution to the issue: enacting a bankruptcy law for states to restructure and resolve unsustainable state debts.

Critics, however, raise a number of concerns: Could a state bankruptcy impair bond markets? Is this an attempt to evade pension obligations to public employees? Would subjecting state finances to federal trustee supervision violate state sovereignty and principles of federalism? 

Join the Federalist Society and AEI in this vigorous debate growing out of “When States Go Broke: The Origins, Context, and Solutions for the American States in Fiscal Crisis,” a just-released collection of essays edited by Skeel and Peter Conti-Brown.

If you are unable to attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.


For more information:

iCal Import + Google Calendar