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Next COVID casualty: Cities hit hard by the pandemic face bankruptcy

  • Written by Mark Davidson, Associate Professor of Urban Geography, Clark University
Next COVID casualty: Cities hit hard by the pandemic face bankruptcyThe pandemic's longterm effects could include city bankruptcies across the U.S.Olivier Douliery / AFP via Getty Images

U.S. cities are fast running out of cash.

The pandemic will reduce local government revenues by an estimated US$11.6 billion in 2020. With COVID-19 requiring residents to stay home and stores to shutter, the bulk of this reduction...

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