February 06, 2013

City of Baltimore

Wake up call click here


   estimated a 10-year deficit for operating and infrastructure expenses of more than $1.8 billion, plus another $3.2 billion in unfunded pension and retiree health care liabilities. But without the crisis of bankruptcy or receivership, it will be difficult for the mayor to muster the political will necessary to take on the public sector unions and other interest groups that will likely fight efforts to constrain costs

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