Opinion
April 26, 2016
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How Foundations Can Help Big Cities — Just Like Detroit’s Grand Bargain

Melanie Stetson Freeman, The Christian Science Monitor, AP Images

Chicago is one of four cities that a Manhattan Institute report found to have pension liabilities that threaten the provision of essential city services.

The City of Detroit’s 2015 municipal bankruptcy was unusual for many reasons.

It’s rare for American cities to be placed in bankruptcy in the first place; Detroit was the largest city ever to have gone through the process as a means of putting...

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