Analysis Of The Article ' Detroit ' Bankruptcy Filing Sent A Cold Chill Down My Back

1306 Words Apr 9th, 2015 6 Pages
Detroit’s bankruptcy filing sent a cold chill down my back as I read the article. Detroit is the largest city in the United States to file for bankruptcy ever. Although Detroit might be the largest city ever to file for bankruptcy, it is definitely not the only city to file for Chapter 9. Other cities that join Detroit on the Chapter 9 list would include Jefferson, AL; Stockton, CA; Harrisburg, PA; San Bernardino, CA; Mammoth Lakes, CA; Central Falls, RI and Boise County, ID. Between these eight broke cities Mammoth Lakes, Harrisburg and Boise County were amongst those that were dismissed. The “Chapter 9 list” of cities has racked up billions of dollars cumulatively in liabilities which has resulted in the citizens ' requests for relief from the federal government. One of the massive headaches seen amongst all the cities is that these cities have legally binding promises and obligations to things that were never funded. For example, cities are required to pay for municipal workers’ health care beyond those workers ' contributions. One of the major perks of a government job is the benefits. The complication present is there is yet another obligation being made with no capital set aside.
To Pay or Not To Pay
Should the Federal Government provide funding to cities to help keep them from going into bankruptcy? When assessing the duties of the federal government, one must take a step back and realize what it means to govern. Govern directly means “to conduct the policy, action,…

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