Fiorina Suggests California File Bankruptcy: 'This State Can't Pay Its Bills'

Christina Bellantoni | February 11, 2010
TPM

California Senate candidate Carly Fiorina, a former Hewlett Packard executive, is under fire for suggesting bankruptcy should be a possibility for the cash-strapped state.

Fiorina's rivals jumped on comments she made to local business leaders in the Southern California city of Colton as quoted by the Riverside Press-Enterprise: "Whether that is the right approach now, I don't know. I think bankruptcy, as a possibility, at the very least focuses the mind on what has to be done to salvage a situation." They attacked her as unprepared since states under federal law cannot declare bankruptcy.

She told the Sacramento Bee that she understands that "technicality."

"Sure, I knew, but what cold comfort is that to all these California voters who may not know that technicality but who are sitting here knowing that by any common-sense definition, this state can't pay its bills," Fiorina told The Bee.

(Continued here.)