In many cases, pensions represent the lion’s share of public debt, but they aren’t the only part of government deficits taxpayers are on the hook for. Now a new study examined public debt levels for the 10 most populous cities in the U.S. based on a combination of state and city debt, including all the underlying government units which may not be reported in city budgets. Q1 hedge fund letters, conference, scoops etc Some of the results aren’t surprising. Chicago is much worse off than all the other cities on the list. In fact, the amount of debt per taxpayer…
Pensions Aren’t The Only Public Debt Taxpayers Are On The Hook For
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.