Migrant Influx Strains NYC, Chicago, Denver Budgets, S&P Says – Bloomberg

“Given current political dynamics in Washington D.C. and the upcoming presidential election, we do not consider additional federal support likely,” the S&P strategists led by Felix Winnekens wrote. “Therefore, cities on the front line of migrant and asylum seeker inflows will have to face the uncertainty of rising costs without a guarantee of revenues to offset the expenditures.”
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Riverbender
2 years ago

Regardless of the repercussions I feel certain that S&P et al will still hand out above junk ratings for the bonds once again as the usual circle continues.

chris
2 years ago

SEND THEM HOME BEFORE THEY CAN VOTE

Truth in Cook County
2 years ago

Funny, how the consistently hard-left Bloomberg focuses on the costs of the illegals in 3 northern cities, which per the article have only received 83,600 travelers. What about the cost for Texas and Arizona, which have millions of illegals squatting in cities in those states? No pleading of help for them? Seems racist!

Old Joe
2 years ago

Wow, who’d a seen that coming?

Hello, Indiana!
2 years ago
Reply to  Old Joe

Donald Trump since at least 2016. Just saying.

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