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Another California city declares bankruptcy

Story Created: Jul 12, 2012 at 8:55 AM CDT

Story Updated: Jul 12, 2012 at 8:55 AM CDT

Another southern California city has declared bankruptcy.

San Bernardino is now the third city in that state to go broke in the last two weeks.

Fox News Correspondent Claudia Cowan is in San Francisco with the latest.
 

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