Cincinnati has similar financial problems to those that caused Detroit to fall and might soon join the Motor City in bankruptcy, according to Katie Gage, executive director of the Workforce Fairness Institute.

Like Detroit, Cincinnati is suffering from underfunded municipal employee pensions – which actuaries estimate may be underfunded by as much as 40 percent.

Recommended Stories

Illinois’ Amendment 1 would cement fiscal train wreck into law

Macron must not buckle on pension reform

States tell Supreme Court that public sector unions are causing bankruptcies