There were winners and losers in the journalistic race to get out the news of the Supreme Court's momentous ruling upholding the administration's health care law Thursday.
For a special road show recorded in partnership with the Birthplace of Country Music Alliance in Bristol, Tenn./Va., Mountain Stage brought along a hometown favorite, singer-songwriter John Lilly. The editor of West Virginia's treasured Goldenseal magazine since 1997, Lilly plays music that recalls the sounds of a different era.
A headline in The Record newspaper in Stockton, Cailf., tells the story of the city's plan for operating under Chapter 9 bankruptcy protection following failed talks with bondholders and labor unions.
The city of Stockton, Calif., filed for federal bankruptcy protection Thursday, becoming the largest city in U.S. history to do so.
Some worry it's part of a wave. Six other municipalities have filed for bankruptcy protection this year. That's roughly on track with last year's pace, which saw 13 bankruptcies — the most in two decades.
A wave of municipal bankruptcies could be the country's next big financial crisis, several Wall Street analysts have warned.
Originally published on Fri June 29, 2012 11:38 am
Figuring out who benefits most politically from Thursday's Supreme Court decision that upheld the constitutionality of President Obama's health care overhaul seems to be today's toughest assignment.
On It's All Politics, our colleague Frank James says it's "difficult to overstate how big a win" it was for Obama.
