As Detroit Goes Bankrupt, Michigan's Senate Considers Adding Billions of Unfunded Liabilities to Its Medicaid Program

Last week, the City of Detroit filed for bankruptcy, making it the largest municipal bankruptcy in American history. It's a remarkable story, especially for natives of the state, like me, who have watched Detroit slowly decline for decades. But it's even more remarkable when you consider the fact that the Michigan state legislature is on the verge of adding billions in unfunded liabilities to the state's Medicaid program, precisely at the time when Michigan's politicians should be most acutely a...