Last week, a court ruled that the city of Detroit can go ahead with their Chapter 9 bankruptcy filings, setting a precedent for counties all over the country who are facing financial hardships. The court also ruled that the public pension programs funded by the government were subject to severe cuts, a move that puts the workers in Detroit in an even worse position. Ring of Fire’s Mike Papantonio discusses the court’s ruling, and what it will mean for workers, with Michael Artz, associate counsel with the American Federation of State, County, and Municipal Employees.
