Cities shouldn’t fear the bankruptcy ‘reset button’
By Benjamin Yount | Watchdog Radio
Detroit is not just an example of how defined-benefit pensions can ruin a city. As State Budget Solution CEO Scott Moody says, Detroit is also perhaps the example of how cities and states can hit “the reset button.”
On the latest edition of Watchdog Radio, Benjamin Yount and Eric Boehm also look at who is reporting in the statehouses, and, of course, we check in with the Watchdog.org reporters across the country.
http://watchdog.org/wp-content/blogs.dir/1/files/2014/07/7-11-14-Watchdog-Radio.mp3