Debt City: Is there a Detroit in the suburbs?

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Debt City: Is there a Detroit in the suburbs?

by WGN - Chicago 5:49 mins

Debt City: Is there a Detroit in the suburbs?

by WGN - Chicago 5:49 mins

Before Detroit, there was Stockton, California. Cities with so much debt they went belly-up. Now a recent report is raising red flags about many local communities and their debt. We show the staggering amount each household could owe...even as their mayors argue the report doesn`t show the complete picture of their town`s financial health.

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