The Consequences of a Federal Bailout for the States
<p>As lawmakers debate over a bailout for the states, Jonathan Williams, the chief economist and executive vice president of policy at the American Legislative Exchange Council, has a warning for states.</p><br><p>"Strings that come with these federal dollars oftentimes outlive the federal dollars, as we've found out with the last time we had a bail out of the states during the Obama era," Williams says. "And I think it's just a dangerous precedent to set that the states would look to the federal government to be their solution for problems that they are well-equipped to handle themselves."</p><br><p>He joins The Daily Signal Podcast today to talk about why should states say no to a federal bailout, if federal bailouts affect states' rights and sovereignty, if federal bailouts potentially affect tax rates, and much more.</p><p>We also cover these stories:</p><ul><li>United States intelligence are maintaining that the coronavirus was "not man-made or genetically modified, however U.S. intelligence also announced that they will be investigating whether the virus originated in a lab in Wuhan, China.&nbsp;</li><li>Another 3.8 million Americans filed for unemployment last week according to the Department of Labor’s Thursday report.</li><li>President Donald Trump says that former national security adviser Michael Flynn is “essentially exonerated” after documents have been opened in his case.&nbsp;</li></ul><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>
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Show Notes
As lawmakers debate over a bailout for the states, Jonathan Williams, the chief economist and executive vice president of policy at the American Legislative Exchange Council, has a warning for states.
"Strings that come with these federal dollars oftentimes outlive the federal dollars, as we've found out with the last time we had a bail out of the states during the Obama era," Williams says. "And I think it's just a dangerous precedent to set that the states would look to the federal government to be their solution for problems that they are well-equipped to handle themselves."
He joins The Daily Signal Podcast today to talk about why should states say no to a federal bailout, if federal bailouts affect states' rights and sovereignty, if federal bailouts potentially affect tax rates, and much more.
We also cover these stories:
- United States intelligence are maintaining that the coronavirus was "not man-made or genetically modified, however U.S. intelligence also announced that they will be investigating whether the virus originated in a lab in Wuhan, China.
- Another 3.8 million Americans filed for unemployment last week according to the Department of Labor’s Thursday report.
- President Donald Trump says that former national security adviser Michael Flynn is “essentially exonerated” after documents have been opened in his case.
Hosted on Acast. See acast.com/privacy for more information.
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