TITLE

Ford's Default

PUB. DATE
December 1975
SOURCE
National Review;12/19/1975, Vol. 27 Issue 49, p1456
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article comments on the plan announced by U.S. President Gerald R. Ford to address the fiscal troubles of New York City. It suggests that the Ford's plan for one-year loan is consistent with his earlier refusal to sign legislation which designed to prevent default. It discusses the challenges facing the plan even if it survives court challenges to the indefinite moratorium and to stuffing municipal pension funds with dubious paper.
ACCESSION #
6055857

 

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