House Republicans Plan to Force California Into Bankruptcy to Bust Unions

Submitted by Anna on Wed, 12/22/2010 - 08:36

Robert Cruickshank
December 22, 2010, Sacramento, CA

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Published by Calitics.

If you’ve been reading Calitics for any length of time, you know that one of the things we often point out is that California cannot go bankrupt. Our constitution mandates bondholders be repaid before any other expenditure aside from K-12 schools. And a federal law passed in 1937 to stop Arkansas from going bankrupt ensures that while city and county governments (like Vallejo and Orange County) can declare bankruptcy, states cannot.

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