Was there one or two taxpayer bail-outs of NYC?
Why does Stossel always whack the water business for 15 years he has been taking swipes at the bottle water business. I bought a gallon of water at the supermarket for $.69 cents and I get it delivered to my house for $1.20 a gallon. I haven't seen gas prices like this for 30 years. Hey John give me a break!
There was a bail out, but President Ford didn't go for it. Eventually the city was mostly bailed out by unions. But that was 25 years ago.
Here's a chart of federal spending by state. Note New York gets back less than it sends to DC
http://www.taxfoundation.org/news/show/266.html