Are we shocked that Democrats can't manage money? Report: 5 largest U.S. cities don’t have enough money to pay bills
The five largest cities in the United States, all led by Democrats, did not have enough money to pay their bills in 2024, according to a new Truth in Accounting report first provided to The Center Square.
Its Financial State of the Cities 2026 report examines the fiscal health of the cities of Los Angeles, Houston, Philadelphia, Chicago and New York City, with New York City again leading the U.S. with the greatest taxpayer burden.
The level of dysfunction is sort of amazing.
According to the data, New York City residents have the highest taxpayer burden of $61,700, followed by Chicagoans’ $42,600, Philadelphians’ $17,000, Houstonians’ $4,800 and Los Angeles residents’ $1,300.
At least LA and Houston are not insane. Well, Houston is bordering on insane. NYC is far past insane, they can't see insane in the rear-view mirror.
Gregor Mendel Blog - The 5 biggest cities
If you need money managed well, you never go over a person on the Left. Steer clear of them, because Leftists are terrible about spending public funds.
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