1. 'FISCAL EMERGENCY'

    Pa. to Take Over Capital's Finances

    Bradley C. Bower / AP Photos

    Harrisburg is broke. The Pennsylvania capital filed for bankruptcy last week, and today the state Senate voted to take over the city's finances. Gov. Tom Corbett is expected to sign the motion into law, but he's not happy about it. Corbett was against bankruptcy from the start, as was State Sen. Jeff Piccola, who said, "The bankruptcy filing recently approved by City Council is illegal and demonstrates the majority's inability and absolute flagrant disregard in governing the city in a responsible manner."

    Read it at Reuters