The problems that forced Puerto Rico belly-up are not confined to the island.

A new study should blunt Republicans’ self-righteousness about their party’s allegedly superior fiscal prudence.

When it comes to the changes in the economy and the end of the blue model, it’s clear the Left doesn’t have many answers (yet).

Puerto Rico might not be the last U.S. jurisdiction to file for bankruptcy.

There is a big underlying difference between the financial health of cities that prioritize infrastructure and those that don’t.

Chicago’s public school system is on the verge of facing financial insolvency, and it’s not because selfish taxpayers have been starving it of revenue.

The real reason teachers aren’t getting a raise.

According to a first-of-its kind pension-tracking website created by Stanford’s Institute for Economic and Policy Research, unfunded pension liabilities total over $4.8 trillion.

Well-intentioned but harebrained social engineering is a menace to the poor.

Over the next decade, more municipalities will likely follow San Bernardino, Detroit, and Puerto Rico into bankruptcy.