Policymakers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers.Brinker said: "What they are really trying to do here is to find a path, since under current law they can't declare bankruptcy today because they are sovereign states, they are trying to find a way to change the law. It will be difficult to do it because of Constitutional issues......And according to the article, they are working on this behind the scenes in congress. We are told in the article in the New York Times, it is being done behind the scenes because they are afraid of creating a panic reaction in the municipal bond market if the word gets out. Well as far as I'm concerned, we're talking about it across America today on Moneytalk, so the word is out."