"Washington is bluffing that it will not bail out California, and every other state suffering...

|By:, SA News Editor

"Washington is bluffing that it will not bail out California, and every other state suffering from collapsed revenues and massive job losses," Gregor.us writes. And if the feds think they can "take a pass and wait while the states rebuild their balance sheets and clean up their payrolls," they'll be waiting forever. "None of that is underway."