Pennsylvanian capital on the brink of bankruptcy

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Uploaded by on Oct 20, 2011

The governor of Pennsylvania in the US is close to declaring a financial emergency and has signed a bill giving himself unprecedented power to take financial control of the city of Harrisburg.

The capital is trying to rescue itself from financial turmoil - a $300 million debt - that could bankrupt the city. But some councillors feel disagree with the city and state's rescue plan and have made worldwide headlines by filing for Chapter 9 bankruptcy protection.

Al Jazeera's John Terret reports from Harrisburg.

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