Saturday, November 15, 2008

State Bailouts

So many bailouts!!

Governor Sanford (R-SC) argues against government bailouts for states with deficits in the Wall Street Journal. His solution? To release states from unfunded federal mandates (Homeland Security ID requirements, NCLB). If these unfunded mandates are costing so much money, why doesn't the federal government spend money on funding them, instead of a bailout?

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