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Stapes wrote: ↑Tue May 18, 2021 9:58 pm

Charliesheen wrote: ↑Tue May 18, 2021 10:15 pm Would you call federal bail outs to the states who can’t balance their budgets a hand out? A friend was asking..

Charliesheen wrote: ↑Tue May 18, 2021 10:15 pm Would you call federal bail outs to the states who can’t balance their budgets a hand out? A friend was asking..

Stapes wrote: ↑Tue May 18, 2021 10:22 pm There haven't been any bailouts to states.

You stupid cunt

Massive $1.9 trillion bill is a bailout for blue states


President Joe Biden’s blue state bailout, which he’s expected to sign Friday, is a monstrosity — so large it leaves America’s states with a surplus after one of the costliest pandemics in history.

The numbers boggle the mind: $195 billion goes to states with no strings attached (except, of course, to ban tax cuts). There’s $130 billion for reopening K-12 schools with no requirement they reopen. Another $25 billion for public housing and $20 billion for public transit. All in, America’s states and cities are seeing a direct windfall north of half a trillion dollars.

State and local governments already collected more dollars in 2020 than at any time in American history. With federal aid, states ended the year in a surplus. In 21 states, tax receipts actually grew year-on-year. AP reports that “California is again swimming in money,” not that that has stopped Gov. Gavin Newsom crying poverty.

Some states have seen red, especially those dependent on energy and mining revenue, like Alaska. Declining tourism hurt Florida’s budget to the tune of $2 billion, but the state’s low unemployment means it will miss out on $2 billion in Biden bucks it would otherwise get if aid were simply allocated based on population. Nine of the ten states with the lowest unemployment in America are led by Republican governors, and they are the ones punished under the relief bill’s formula.

Biker wrote: ↑Tue May 18, 2021 10:32 pm

Stapes wrote: ↑Tue May 18, 2021 10:22 pm There haven't been any bailouts to states.

You stupid cunt

Massive $1.9 trillion bill is a bailout for blue states


President Joe Biden’s blue state bailout, which he’s expected to sign Friday, is a monstrosity — so large it leaves America’s states with a surplus after one of the costliest pandemics in history.

The numbers boggle the mind: $195 billion goes to states with no strings attached (except, of course, to ban tax cuts). There’s $130 billion for reopening K-12 schools with no requirement they reopen. Another $25 billion for public housing and $20 billion for public transit. All in, America’s states and cities are seeing a direct windfall north of half a trillion dollars.

State and local governments already collected more dollars in 2020 than at any time in American history. With federal aid, states ended the year in a surplus. In 21 states, tax receipts actually grew year-on-year. AP reports that “California is again swimming in money,” not that that has stopped Gov. Gavin Newsom crying poverty.

Some states have seen red, especially those dependent on energy and mining revenue, like Alaska. Declining tourism hurt Florida’s budget to the tune of $2 billion, but the state’s low unemployment means it will miss out on $2 billion in Biden bucks it would otherwise get if aid were simply allocated based on population. Nine of the ten states with the lowest unemployment in America are led by Republican governors, and they are the ones punished under the relief bill’s formula.

Stapes wrote: ↑Wed May 19, 2021 3:38 am

Biker wrote: ↑Wed May 19, 2021 3:13 pm

Stapes wrote: ↑Wed May 19, 2021 3:38 am

Says the guy who has spent the past few months pumping up Big Pharma products

CHEEZY17 wrote: ↑Sat May 22, 2021 9:19 pm