The 75 largest cities in America were collectively $288 billion in debt at the end of fiscal year 2022... 53 major cities that do not have enough money to pay their bills. Yet all of them claimed their budgets were balanced, as is required by law. That means lawmakers understated each city’s debt by not including future costs like employee pensions and healthcare ... New York City has a taxpayer burden of $61,800, the largest by far despite being the most populous. The city has only six cents saved up for every dollar it will need to spend on retiree...