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California Defaults on $18.5B Debt, Leaving Businesses Holding the Bag hoover.org

JoeAltmaier10 hours ago

OP 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.

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