State Takeover of Atlantic City

With Atlantic City on the verge of financial disaster, state leaders still can't agree on a rescue plan

The group devoted to promoting Atlantic City to the conference and meeting market claims the current situation is having an impact on the industry that's bordering on disastrous.

“If they come up with something, great,” Christie said of a legislative compromise. “If they don’t, then bankruptcy would be the only option. And while I would regret having to go down that road, it is a road that I will have no choice but to go down.”

A crucial vote is set for Thursday in the Assembly, which is pursuing its own alternative to an Atlantic City takeover as default or bankruptcy inches closer.

ATLANTIC CITY - In a major investigation, conducted by Hurley in the Morning, we have learned and confirmed that the Atlantic City Board of Education is currently not paying many bills that are due to vendors, who have provided services to the Atlantic City Public Schools system.

Christie once again calls for a state takeover bill to be posted and passed by the Assembly.

Townsquare Media Radio Host Harry Hurley, of WPG Talk Radio 1450 is reporting this morning that Atlantic City will not default today.