Romina Boccia joined Fox News on May 28, 2020 to discuss how state and local bailouts would force taxpayers to subsidize poor decisions from states that wasted a strong economy. The federal government has already provided billions for state and local government to fight the coronavirus, but states want bailouts for pre-existing unrelated problems. Bailing out state budgets with unrestricted federal dollars would grow states’ budgets, increase future funding shortfalls, further undermine local decision making, and set a dangerous precedent that could lead to additional federal bailouts of the most irresponsible states.
Learn 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 economic expert at The Heritage Foundation and focuses on government spending and the national debt.
Check out her work here: https://www.heritage.org/staff/romina-boccia
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