Manhattan Institute Issues Commentary to Bloomberg Opinion: New York City Can't Afford Both Big Pensions and Free Buses
April 07, 2026
April 07, 2026
NEW YORK, April 7 -- The Manhattan Institute issued the following excerpts of a commentary on April 6, 2026, by senior fellow Allison Schrager to Bloomberg Opinion:
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New York City Can't Afford Both Big Pensions and Free Buses
Cities such as New York and Chicago are in deep financial trouble. Broadly speaking, they have two options: Make the difficult but appropriate choice to raise taxes and reduce the scale of government, or continue to live in a . . .
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New York City Can't Afford Both Big Pensions and Free Buses
Cities such as New York and Chicago are in deep financial trouble. Broadly speaking, they have two options: Make the difficult but appropriate choice to raise taxes and reduce the scale of government, or continue to live in a . . .