Comment by loeg

California's a rich state; $30B isn't totally beyond what they could extract from local industry in a year. I'm sure they'd prefer to be bailed out, but as a non-California taxpayer, I'd want any federal bailout to come with conditions that would help prevent recurrence: restricting building in dangerous areas, requirements around relaxing SFH zoning in safe areas so that developers can infill housing and meet CA's housing needs.