Anatomy of a Government Bankruptcy - The American Spectator | USA News and Politics
Anatomy of a Government Bankruptcy
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Sacramento

When Orange County went belly up in 1994, the stories seemed to write themselves. One of the nation’s richest counties couldn’t pay its bills. Quirky Treasurer Bob Citron was the only De...

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Steven Greenhut
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Steven Greenhut is a senior fellow and Western region director for the R Street Institute. Write to him at sgreenhut@rstreet.org. His political views are his own.
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