No Government Bailouts for Fiscally Irresponsible States: He…

Romina Boccia joined Fox News on May 28, 2020 to discuss how state and regional bailouts would require taxpayers to subsidize poor choices from states that squandered a strong economy. The federal government has actually already offered billions for state and local government to eliminate the coronavirus, however states desire bailouts for pre-existing unrelated issues. Bailing out state spending plans with unlimited federal dollars would grow states’ budget plans, increase future funding deficiencies, even more undermine local decision making, and set a dangerous precedent that could result in additional federal bailouts of the most reckless states.

Find out more about this issue: https://www.heritage.org/budget-and-spending/report/state-bailouts-create-poor-incentives-do-not-fix-underlying-problems

Romina Boccia is the Director of the Grover M. Hermann Center for the Federal Budget. She is a leading fiscal and financial expert at The Heritage Foundation and focuses on federal government spending and the nationwide debt.

Take a look at her work here: https://www.heritage.org/staff/romina-boccia

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