VALLEJO, CA - MAY 07: A man walks across Georgia Street May 7, 2008 in Vallejo, California. The Vallejo, California City Council voted overwhelmingly on Tuesday night for the city to file for Chapter 9 bankruptcy protection as the city of 117,000 struggles with a $16 million shortfall and no reserve funds for the fiscal year that begins on July 1st. The city's budget woes are being blamed in part by the ailing housing market and inflated public service employee wages. (Photo by Justin Sullivan/Getty Images)
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Getty Images News Justin Sullivan