The United States Of Bankruptcy

The COVID-19 pandemic has brought longstanding public pension crises to a boiling point. Defaults would be catastrophic. But what if states could file for bankruptcy, like cities can? Host Matthew Reade and Professor David A. Skeel (U. Penn Law) discuss the promise and pitfalls—constitutional, political, and practical—of states in bankruptcy. Twitter @uchilrev | lawreviewblog.uchicago.edu | Music from bensound.com