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Pension Crisis: The Gathering Storm

America’s public pension crisis has arrived. A large number of municipalities, counties and states are experiencing severe fiscal stress. Some, like Detroit, have had to declare bankruptcy. Others, like Puerto Rico, hang from the cliff. This page will provide you with the latest news about the public pension crisis and the smartest analysis/commentary on the subject.

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  • Economist Dean Baker says most cities and states can restore public pensions to healthy funding levels without big tax hikes or cutting benefits, but some will have to do both.

    Baker: Absolutely no Pension Crisis

    Economist Dean Baker says most cities and states can restore public pensions to healthy funding levels without big tax hikes or cutting benefits, but some will have to do both.