The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. February 28, 2012 California: City of Stockton Verging on Bankruptcy --------------------------------------------------- The city of Stockton, California, is expected to move closer today to becoming the largest city in the United States to file for bankruptcy. The city has a long-term debt of $700 million and has already laid off many workers, including a quarter of its police force. .