Is bankruptcy an option for San Diego?: "Less than 500 municipalities have declared bankruptcy since Congress allowed it under Chapter 9 of the U.S. Bankruptcy Code in 1934, according to The San Diego Union-Tribune. Whether San Diego chooses to take that route is a decision left to the city’s elected officers, and first they’d have to prove the city can no longer pay the bills necessary to keep it functioning."
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San Diego's situation has gotten worse than it was when bankruptcy was first proposed.
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