No Government Bailouts for Fiscally Irresponsible States: He…
Romina Boccia signed up with Fox News on May 28, 2020 to go over how state and local bailouts would require taxpayers to fund bad options from states that misused a strong economy. The federal government has in fact currently provided billions for state and city government to eliminate the coronavirus, nevertheless mentions desire bailouts for pre-existing unrelated problems. Bailing out state spending plans with limitless federal dollars would grow states’ budget plan strategies, increase future funding deficiencies, even more undermine regional choice making, and set a harmful precedent that might lead to additional federal bailouts of the most careless 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 financial 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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