No Government Bailouts for Fiscally Irresponsible States: Heritage's Romina Boccia on Fox News
Posted
May 28, 2020
Views
1,185
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114
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33
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12.41%
May 28, 2020
1,185
114
33
12.41%
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1:27Now PlayingRomina 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.
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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.
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