State Bailouts: ‘Beyond Galling,’ ‘Shameless,’ Too

The drama of profligate states using the coronavirus pandemic as an excuse to seek federal bailouts to paper over long-term mismanagement has finally found a Pavarotti the editorial board of Chicago Tribune. It uncorked this morning an editorial calling pleas for as much as $40 billion in federal lucre for Illinois shameless, dishonest, beyond galling. And it was just getting tuned up.

We share the Tribune s sentiments, not only in respect of Illinois but New York as well. And not just those two. Every member of Congress should carefully scrutinize pleas from states whose unbalanced budgets, embarrassing credit ratings and vastly underfunded pension systems predated virus outbreak, the Tribune reckons. It s hard to imagine that there are not millions of Americans who share the sentiment.

via www.nysun.com

But not California! Surely not!