© 2024 Kansas City Public Radio
NPR in Kansas City
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Third California City To Seek Bankruptcy Protection

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with another California bankruptcy.

San Bernardino is the latest city here in California to seek bankruptcy protection, the third to do so in a month. San Bernardino is about an hour east of Los Angeles, with a population of about 200,000 people. But its importance has magnified because it sits at the center of the county with more than two million people.

The entire area has been hurt by the housing crash and high unemployment. Now, the city of San Bernardino is facing a $45 million budget shortfall. Transcript provided by NPR, Copyright NPR.

KCUR serves the Kansas City region with breaking news and award-winning podcasts.
Your donation helps keep nonprofit journalism free and available for everyone.