Some men just want to watch the world burn. That’s the only explanation for Mitch McConnell suggesting that instead of expanding federal aid to states, that they be allowed to file for bankruptcy.First, let’s provide some context. Due to the coronavirus pandemic, state tax revenue is down, way down. Due to the coronavirus pandemic state spending is up, way up. Turns out it’s not entirely cost effective to bid against other states and the federal government for life-saving medical equipment. Who knew? States like New Jersey and New York have thus far taken the brunt of the COVID-19 damage and w...
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