Wednesday, February 10, 2021

Revenue sharing?

States would receive $195 billion and that money would partly be distributed based on a the share of unemployed workers. The District of Columbia would get the same share as states, unlike in last year’s relief bill. Local governments would receive $130 billion, partly based on population, with a carve-out for smaller communities. Territories would receive $4.5 billion and tribes $20 billion.

Vermont receiving almost 4 billion?  This is like a two year budget for them. Until you weight it by unemployment:



 Note the difference? This is a California directed fiat, there was no serious negotiations.  Bringing up the point all alomg, most of our recessions these days consist of bailing out the failed state.

The Californians have taken ove the Biden regime, and this bodes ill for the US economy. The bill should be rejected.

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