Jefferson County Deal to Avert Bankruptcy Hinges on LegislatureMartin Z. Braun, Margaret Newkirk and Simone Baribeau
Jefferson County, Alabama, which approved a deal with holders of $3.14 billion of its sewer debt, now needs action by state lawmakers to end a more than three-year saga that kept it on the brink of filing the biggest municipal bankruptcy in U.S. history.
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