States Should Choose Tax Cuts Over Federal Bailouts
Don't take the money.
What does this have to do with the pandemic? Nothing.
The measure could also make it illegal for states to create new tax credit programs, such as those used for expanding school choice.
The Senate is preparing to pass a $1.9 trillion COVID-19 relief bill that has very little to do with the pandemic, and we all know it. Congress should admit as much.
Airlines keep claiming they need a second bailout to bring back 35,000 furloughed employees. Don't buy their argument.
D.C.'s public transit agency has already received close to $1 billion in federal coronavirus relief funds.
The grants and loans Congress has approved for the airline industry aren't about saving jobs.
House Democrats are working to extend another round of emergency aid to airlines in a stand-alone bill after the passage of a larger coronavirus relief package stalled in the Senate.
Trump's farm bailouts have cost taxpayers more than $28 billion already, and he just announced another $14 billion in payments as part of his reelection pitch to farm-heavy states.
Passenger airlines are demanding another $25 billion in taxpayer support to prevent mass layoffs.
The federal government has already made $32 billion available to distressed airlines. The industry wants another $25 billion.
The postal service stands to lose $13 billion this year. But this is an ongoing trend, not a new problem created by the coronavirus pandemic.
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
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