There is no state that will weather the COVID-19 pandemic without making difficult decisions. But the revenue hit will be less severe in places that were being thrifty and vigilant.
So long as governments view lockdowns as their primary tool for combating COVID-19, they are in effect sentencing bars and other shuttered businesses to a likely death.
A program designed to keep workers on payrolls showered benefits on lobbyists, advocacy groups, and even members of Congress.
The USPS has lost $78 billion since 2007, but could lose as much as $13 billion this year as the pandemic has crushed mail volume.
Lawmakers who voted for the $50 billion bailout of the airline industry are just shocked at these companies' behavior.
The CARES Act gives the federal government the power to take large ownership stakes in the airlines and dictate much of their operations.
The last time we sent this much money to the Kennedy Center, it was for a pair of Hamilton tickets.
Pending minimum service rules would require airlines to keep operating a certain number of flights, regardless of how little demand there is for air travel.
The CARES Act plunges the nation into a crash course on experimental economics.—and we're the lab rats.
Politicians are merely using COVID-19 to push for policies they already wanted.
The public transit bailout is spiraling out of control.
The new plan seeks to help an economy decimated by the coronavirus.
Public transit was already in decline before the COVID-19 outbreak. Now transit agencies are teetering on the brink of collapse.
The package seeks to curb the economic chaos caused by COVID-19.
Not to be outdone, Bernie Sanders promises that every single American will "be made whole" despite economic losses due to the outbreak. That's totally impossible.
Actually, it's a bailout.
It didn't, and now the Loop Trolley needs a $700,000 bailout to stay afloat.
"If I didn't help them, they would have a big problem," says Trump. But maybe he's already "helped" enough.
This might seem like nothing more than a snooze-worthy debate over semantics or economic theory or government P.R. strategies. But it matters a lot.
Also: How much should we care that Trump & co. lied in 2016 about a Putin-proximate real estate deal in Russia?
Political finger-wags at the boardroom is a good sign that the lowly taxpayer is about to take it in the shorts.
More than 1,100 people living in America's 50 largest cities have received bailout funds intended for farmers harmed by Trump's trade war.
After the struggling New York Daily News laid off about half of its staff yesterday, Gov. Cuomo offered to help.
The GOP drops the pretense of being a free-market party.
DOJ will pocket the massive criminal penalties it's about to impose
The criminal penalties that GM faces for the Cobalt debacle could be massive and deleterious to the driving public
The GM bailout is a gift that keeps on giving to the company.
The outcome of a legal dispute should depend on the substance of the law and the facts rather than whether one of the parties is "megarich."
Reason-Rupe finds the public wants Congress to return to DC to vote on ISIS now and is split between raising taxes and cutting spending to pay for the latest war
Last week's bankruptcy deal was a missed opportunity to restructure the city's insane pension system
Lawmakers are falling for NHTSA's line that it is too poor to keep drivers safe
Cobalt victims might not win compensation because of a liability shield
It'll set a bad precedent while preventing a deep restructuring
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