Should States be Allowed to File for Bankruptcy?

Nearly 70 percent of respondents to a recent TMA poll think struggling states should not have the ability to solve fiscal problems aggravated by the recent recession through bankruptcy. But 32 percent are in favor, arguing that it would address troublesome union contracts and debt levels. Where do you stand on the issue?

View the full story covering the TMA poll in The Wall Street Journal's Bankruptcy Beat blog.