[MrB]

If they’re “allowed” to do that, ie, they get away with it, I foresee a lot more municipalities doing the same thing.

However, if they get bailed out by the feds, this ball will stay in the air just a bit longer, but crash all the harder.

[Mad Dawgg]

"However, if they get bailed out by the feds..."

And once that genie comes out of the bottle it won't go back. And then it will spread all across the states dragging us all down!