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I'll give long odds against.

Small chance for the former, but essentially no chance for the latter.

This is a neoliberal capitalist country we're talking about. There's no chance of either happening.

back?. The party just gave them a huge bailout bill last session.

Downvoters: see https://www.mercurynews.com/2018/09/21/brown-signs-bill-allo...

Specifically, see

https://www.mercurynews.com/2018/09/21/brown-signs-bill-allo...

Even if they would have tried to before, the bankruptcy would make that essentially impossible; any action the State would make would just be another bankruptcy claim, competing against other creditors, mostly wildfire victims, reducing the proportion of any claims that are actually paid out.