Many Cities Hold Off Declaring Bankruptcy

from National Public Radio

More than 500,000 American families have declared bankruptcy this year. So have airlines, car companies and other business. There are reports that the Pennsylvania capital Harrisburg is close to bankruptcy. David Wessel of The Wall Street Journal talks to Ari Shapiro about why it's less common for cities to declare bankruptcy.

Broadcast Dates

• Morning Edition, September 29, 2010