Five years ago, Vallejo declared bankruptcy. The city treasury was empty, and Vallejo simply couldn't afford the rising costs of wages and retirement benefits for city workers. Shortly after bankruptcy, the economy fell into a deep in recession, worsening the city's fiscal ditch. Vallejo slashed and scratched its way toward solvency. It emerged from bankruptcy three years later, but its budget still isn't balanced. What scars remain from the bankruptcy and how have people adapted?
A City in Recovery: Vallejo After Bankruptcy
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