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Atlantic City Mayor Don Guardian, left, and City Council President Marty Small, right, speak at a news conference in Trenton, N.J., on Wednesday, Jan. 20, 2016, at which they said the city will consider filing for bankruptcy. Their comments came a day after New Jersey Gov. Chris Christie vetoed an aid package that left the city with a $33.5 million budget gap, among other liabilities. (AP Photo/Wayne Parry)

Atlantic City Mayor Don Guardian, left, and City Council President Marty Small, right, speak at a news conference in Trenton, N.J., on Wednesday, Jan. 20, 2016, at which they said the city will consider filing for bankruptcy. Their comments came a day after New Jersey Gov. Chris Christie vetoed an aid package that left the city with a $33.5 million budget gap, among other liabilities. (AP Photo/Wayne Parry)

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