NYC is faltering — and a bailout from Washington is highly unlikely

26.04.2025    New York Post    3 views
NYC is faltering — and a bailout from Washington is highly unlikely

This month marks the th anniversary of the New York City fiscal problem of After years of budgetary and accounting shenanigans the Standard Poor s ratings agency suspended the city s A rating on its bonds triggering a cascade of events that nearly resulted in the city filing for bankruptcy and only resolved when President

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