2 ms·
California Defaults on $18.5B Debt, Leaving Businesses Holding the Bag
- JoeAltmaier 2y agoOP claims $30B in fraud. Any data to back that? Lots of seemingly wild claims here, the norm for 'reporting' these days. And, is it a coincidence the state remaining debt is nearly exactly the same as that fraud? Are they intending to go after the fraudulent payments to recoup the losses? Just wondering.