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Are Chicago and Tampa The Next Detroit?
Pension Pulse
[Opinion] Feb. 19, 2015
"In December 2013, Illinois passed a huge bill to slay its pension dragon but all that did was kick the can down the road which is why credit rating agencies are cutting the ratings of cities like Chicago, fearing a Detroit-style disaster. Actually, when Chicago blows up, it will make Detroit look like a walk in the park."
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