City and state leaders are finally moving closer to a solution for New Orleans' looming financial crisis, but the next steps can't come soon enough. Currently, critical city services are going unpaid, and thousands of city workers are wondering if they will receive their next paycheck.

New Orleans city councilmembers traveled to the State Capitol on Wednesday seeking a financial lifeline in a meeting with key state officials.

The $125 Million Lifeline

City councilmembers and Mayor-Elect Helena Moreno are seeking a $125 million short-term loan—often referred to as "bridge funding"—to keep the city solvent.

Moreno pointed out that it's not a loan , it's a loan from the people who buy the city bonds.

The stakes are high. Not only are essential services like garbage pickup and social prog

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