Anyone who lived through the District’s financial crisis in the 1990s knows it was the kind of calamity this city must avoid repeating. I watched the event unfold from my perch on The Post’s editorial board, where we opined nonstop about the looming disaster. It took a federally imposed District of Columbia Financial Responsibility and Management Assistance Authority, a.k.a. control board, to pull the city back from the financial abyss toward which it was hurtling.
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