Richard Ravitch

From saving NYC from bankruptcy in the 1970's to his latest assignment in Detroit, Richard Ravitch, former New York State Lt. Governor, member of the State Budget Crisis Task Force and author of So Much to Do: A Full Life of Business, Politics, and Confronting Fiscal Crises, shares what he knows about the causes of and cures for state and local fiscal crises.

Richard Ravitch is the former New York State Lt. Governor and Co-chair of the State Budget Crisis Task Force. Ravitch joins us to talk about the task force that he and former Chairman of the Federal Reserve Paul Volcker convened and the gloomy picture for state governments.

This past weekend This American Life set its lens on New York State's financial crisis with Lt. Governor Richard Ravitch.  Host Ira Glass and the Lt. Governor join us to talk about possible budget fixes.

Tune in at 8pm tonight to hear a re-airing of This American's Life's original segment!