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Disaster looms for Bridgeport without legislative action now

Financial experts say if Bridgeport stays on its current path, the city will be bankrupt within a few years. The city’s future is in the hands of elected officials who still may have time – if they act quickly – to prevent the worst from happening. … The state legislature and Gov. Dannel Malloy must pass a law creating an independent financial oversight board. This will help Bridgeport rein in wasteful spending and make constructive changes before things become even more out-of-control.