Originally Posted by Bucco

"We move from this column’s unexpected joust with global warmists to another metaphorical solar flare—this time, one that’s erupting in California. According to CNBC, the city of San Bernardino will file for bankruptcy protection: “Chapter 9 bankruptcy would give San Bernardino an opportunity to restructure its battered finances, city staff said during a webcast of the city council meeting.”

If San Bernardino goes through with this intended action, it would become the third California municipality to file for bankruptcy. Additional municipalities are in the on-deck circle."

Is California America's Greece? | Washington Times Communities

We also have at least two cities in PA that are going under and a large number of states that are going very shortly to be going through the Wisconsin thing.

Not a good time for the new health care act to add to their woes. It appears that it will not only affect he federal tax but the state tax as well.