PBS NewsHour: Missed Rent Payments Trigger "Cascade" Of Financial Hardship, Unpaid Debt And Taxes | Video | RealClearPolitics

PBS NewsHour: Missed Rent Payments Trigger "Cascade" Of Financial Hardship, Unpaid Debt And Taxes

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Many Americans affected by the coronavirus pandemic are struggling to pay their rent when they have lost income and haven’t yet been able to secure unemployment money. Missed rent, in turn, adds up to landlords who can’t pay their mortgages or property tax. And then cities and states will struggle to provide the basic services that tax payments fund. Paul Solman reports on this “looming cascade.”



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