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	<title>KCTR: We’re Montana’s Own &#187; California City</title>
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		<title>California City Will Be the Largest to Ever Declare Bankruptcy</title>
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		<pubDate>Wed, 27 Jun 2012 22:00:25 +0000</pubDate>
		<dc:creator>Shauna Wright</dc:creator>
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		<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[California City]]></category>

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		<description><![CDATA[California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy. The city of nearly 300,000 people is $26 million in debt, and City Manager Bob Deis said that while deals were being [...]]]></description>
			<content:encoded><![CDATA[<p>California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the <a href="http://www.cnn.com/2012/06/27/business/california-stockton-bankruptcy/index.html?hpt=hp_t2" >largest American municipality to declare bankruptcy</a>.</p>
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