Comments on:

Will Cincinnati go bankrupt next?

Back to the article » By |
Cincinnati has similar financial problems to those that caused Detroit to fall and might soon join the Motor City in bankruptcy, according to Katie Gage, executive director of the Workforce Fairness Institute. Like Detroit, Cincinnati is suffering from underfunded municipal employee pensions – which actuaries estimate may be underfunded by as much as 40 percent. In dollar terms, the city has $6...

To learn more about commenting on and our community guidelines, please see our comments FAQ.