A fiscal crisis is looming for many US cities
- Written by John Rennie Short, Professor Emeritus of Public Policy, University of Maryland, Baltimore County
Houston residents at a flooded park after the passage of Hurricane Beryl, July 8, 2024.Mark Felix/AFP via Getty ImagesFive years after the start of the COVID-19 pandemic, many U.S. cities are still adjusting to a new normal, with more people working remotely and less economic activity in city centers. Other factors, such as underfunded pension...