San Bernardino Files Emergency Bankruptcy Petition | NBC Southern California
Liberals can insist that budgets won't be cut right up to the point where the money runs out and bonds can't be sold, then they have to start doing what fiscal conservatives would do.
Liberalism is unsustainable. The only question is whether liberals will accept this like grownups or throw a huge temper tantrum and act like Greek, Italian, Protugese and Spanish protesters.
There is only so much money. Fiscal conservatives will win in the end.