How long before the federal government is next?
Tax & Spending Issues Tagged bankruptcy, federal government, truth in 2008, vallejo city council May 7th, 2008Facing a $16 million deficit, the Vallejo (CA) City Council voted unanimously last night to file for Chapter 9 bankruptcy protection.
Meanwhile, the federal government is $55 trillion in the hole.
Enough said.
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May 7th, 2008 at 2:32 pm
That is leadership right there!!!! I mean, don’t solve the situation, just quit.