Bottom 5 "Sinkhole" Cities: New York, Chicago Lead The Way | WHAT REALLY HAPPENED


Bottom 5 "Sinkhole" Cities: New York, Chicago Lead The Way

Via a report on Watchdog, analysis of the 75 most populous cities in the U.S., shows that 63 of them can’t pay their bills. The total amount of unfunded debt among them is nearly $330 billion. Most of the debt is due to unfunded retiree benefits such as pension and health care costs.

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