The Nation's Largest Municipal Bankruptcy: The Tip Of The Off-budget Iceburg

Studies | Federal Spending

No. 106
Friday, August 14, 1981
by James T. Bennett and Thomas J. DiLorenzo

A recent article in Fortune magazine has the eye-catching title "Nuclear Fiasco Shakes the Bond Market." The fiasco is not a melt down, but what the article describe as the "squalor and fantastic waste" of the Washington Public Power Supply Steam.

For complete study; st106.pdf


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