Mnuchin Says No Bailout for States With Badly Managed Budgets.

[Nostra]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

 

[Bobob]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

Nonsense. Nancy Pelosi didn't increase the deficit. Trump did

 

[Nostra]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

Nonsense. Nancy Pelosi didn't increase the deficit. Trump did

ALL spending originates in the House. Learn basic civics, Dummy.

In the U.S. Congress, all appropriations bills must originate in the House of Representatives, and they provide the legal authority needed to spend or obligate the U.S. Treasury.

How the Appropriations Process in Congress Works

Read a definition of an appropriation in U.S. politics. Find out how Congress uses appropriations. Learn about the appropriation process in politics.

www.thoughtco.com

 

[Bobob]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

Nonsense. Nancy Pelosi didn't increase the deficit. Trump did

ALL spending originates in the House. Learn basic civics, Dummy.

The Origination Clause, sometimes called the Revenue Clause, is Article I, Section 7, Clause 1 of the United States Constitution. This clause says that all bills for raising revenue must start in the House of Representatives, but the Senate may propose or concur with amendments as in the case of other bills.

Origination Clause - Wikipedia

en.wikipedia.org

The House doesn't just decide to spend. They are encouraged to fund the President's needs.

 

[Nostra]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

Nonsense. Nancy Pelosi didn't increase the deficit. Trump did

ALL spending originates in the House. Learn basic civics, Dummy.

The Origination Clause, sometimes called the Revenue Clause, is Article I, Section 7, Clause 1 of the United States Constitution. This clause says that all bills for raising revenue must start in the House of Representatives, but the Senate may propose or concur with amendments as in the case of other bills.

Origination Clause - Wikipedia

en.wikipedia.org

The House doesn't just decide to spend. They are encouraged to fund the President's needs.

"Encouraged"

 

[Bobob]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states aren't badly managed does it. More logical fallacies.

True, and a badly managed government is in no position to judge the states when their own ducks are not in a row.

 

[rightwinger]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

If I agreed with you, we would both be wrong

 

[rightwinger]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states aren't badly managed does it. More logical fallacies.

True, and a badly managed government is in no position to judge the states when their own ducks are not in a row.

Almost every state is more fiscally responsible than Trump

 

[colfax_m]

So forget it, Blue States.

Mnuchin Says No Bailout for States With Badly Managed Budgets.

Then why is he so keen on bailouts for corporations with badly managed budgets?

 

[Bobob]

There should be no additional aid to those states that already receive more federal aid than they pay in taxes.

They are already freeloaders

Start with Kentucky

View attachment 329595

So you consider Social Security, Medicare, and Medicaid "Free loaders". I thought progressives were all for these types of programs. Wow.

Are social security and medicare really for freeloaders? They are not free to the individual. You do know that you pay for this benefit, yes?

No - they are not freeloaders. I didn't say that. Re-read.

It is confusing but I believe you. Sorry if I misinterpreted

It's not confusing to me. It must be confusing to you because you are going through what is called "cognitive dissonance". It's extremely difficult, confusing and makes one uncomfortable. You want to believe that Blue states are all that, but then you can't fit your head around that it is a good thing that other people in other states that are richer are putting more into the pie than those that are poor and more unfortunate. It kills your argument about Blue states - blah, blah, blah..... because you're supposed to be for the poor and unfortunate.

Maybe, just maybe, you should not side with that Blue state Red state fallacy - ditch it - abhore it- and all will be right.

I am a Republican, lamb chop, and I don't support the party of Trump. So don't tell me what I am supposed to side with. I never sided with a blue state-red state fallacy. Nor do I side with the grifter Trump. Continue to flap away though.

 

[Nostra]

How does Trumps administration claim that states are badly managed while they are running a $2 trillion deficit?

Just cause the Federal government has been running a deficit for umpteen years doesn't mean that some states are badly managed does it. More logical fallacies.

Have to laugh at the audacity of Trump criticizing badly managed states when he has made no attempt to be fiscally responsible

Nazi Pelousy controls the purse strings.

If I agreed with you, we would both be wrong

You never will, cuz I’m always right.

 

[busybee01]

I can see Trump supporters have gotten their talking points. No one is talking about bailing out state pensions. What we are talking about is lost revenue due to the pandemic. This is bi-partisan.

"In Arlington, Tex., one of the state’s largest metropolitan areas, Republican Mayor Jeff Williams said it is bracing for budget trouble, too. In a normal year, professional sports, local amusement parks and an influx of college students help round out the city’s finances, infusing much needed revenue derived from shopping and tourism. But such spending has ground to a halt, imperiling the city’s balance sheet — and potentially its workforce.

Arlington’s leaders already have asked local government agencies to plan for reductions in spending between 10 to 25 percent, according to Williams, who described the potential for layoffs or furloughs as a worst-case scenario that residents would feel immediately."

Mass layoffs begin in cities and states amid coronavirus fallout, threatening education, sanitation, health and safety

Those people are going to show up in the unemployment rate this November.

 

[Coyote]

Sanctuary states shouldn't be getting any bailout money. There has to be consequences for illegal behavior.

we cannot assume the responsibility for under-funded state pensions

the good news is that we can count on Trump to stand firm on this

the better news is that this only really affects deep blue states like CA, IL, CT & NY

The 5 States With the Most Underfunded Public Employee Pensions

Truly fixing the problem will mean resetting the level of state government employee pension benefits to fiscally sustainable levels, which state government employees have so far successfully resisted.

fee.org

In October 2018, Bloomberg's Danielle Moran tallied the total liabilities and the funded portion that applies to each state’s public employee pension funds, finding that five states had funded less than 50% of the cost needed to pay for their promised state public employee’s pension benefits:

• Kentucky (33.9%)
• New Jersey (35.8%)
• Illinois (38.4%)
• Connecticut (43.8%)
• Colorado (47.1%)

New York is 94.5% funded.

 

[bodecea]

So forget it, Blue States.

Mnuchin Says No Bailout for States With Badly Managed Budgets.

Kansas and North Carolina come to mind.

 

[dcbl]

Sanctuary states shouldn't be getting any bailout money. There has to be consequences for illegal behavior.

we cannot assume the responsibility for under-funded state pensions

the good news is that we can count on Trump to stand firm on this

the better news is that this only really affects deep blue states like CA, IL, CT & NY

The 5 States With the Most Underfunded Public Employee Pensions

Truly fixing the problem will mean resetting the level of state government employee pension benefits to fiscally sustainable levels, which state government employees have so far successfully resisted.

fee.org

In October 2018, Bloomberg's Danielle Moran tallied the total liabilities and the funded portion that applies to each state’s public employee pension funds, finding that five states had funded less than 50% of the cost needed to pay for their promised state public employee’s pension benefits:

• Kentucky (33.9%)
• New Jersey (35.8%)
• Illinois (38.4%)
• Connecticut (43.8%)
• Colorado (47.1%)

New York is 94.5% funded.

Mitch is the one stopping this, and Kentucky is his home state

California is also in bad shape

those states have been making promises and passing legislation for retirement, but don't have the tax base to support it

we can't make this a federal liability

 

[Weatherman2020]

Sanctuary states shouldn't be getting any bailout money. There has to be consequences for illegal behavior.

we cannot assume the responsibility for under-funded state pensions

the good news is that we can count on Trump to stand firm on this

the better news is that this only really affects deep blue states like CA, IL, CT & NY

The 5 States With the Most Underfunded Public Employee Pensions

Truly fixing the problem will mean resetting the level of state government employee pension benefits to fiscally sustainable levels, which state government employees have so far successfully resisted.

fee.org

In October 2018, Bloomberg's Danielle Moran tallied the total liabilities and the funded portion that applies to each state’s public employee pension funds, finding that five states had funded less than 50% of the cost needed to pay for their promised state public employee’s pension benefits:

• Kentucky (33.9%)
• New Jersey (35.8%)
• Illinois (38.4%)
• Connecticut (43.8%)
• Colorado (47.1%)

New York is 94.5% funded.

 

[Weatherman2020]

Sanctuary states shouldn't be getting any bailout money. There has to be consequences for illegal behavior.

we cannot assume the responsibility for under-funded state pensions

the good news is that we can count on Trump to stand firm on this

the better news is that this only really affects deep blue states like CA, IL, CT & NY

The 5 States With the Most Underfunded Public Employee Pensions

Truly fixing the problem will mean resetting the level of state government employee pension benefits to fiscally sustainable levels, which state government employees have so far successfully resisted.

fee.org

In October 2018, Bloomberg's Danielle Moran tallied the total liabilities and the funded portion that applies to each state’s public employee pension funds, finding that five states had funded less than 50% of the cost needed to pay for their promised state public employee’s pension benefits:

• Kentucky (33.9%)
• New Jersey (35.8%)
• Illinois (38.4%)
• Connecticut (43.8%)
• Colorado (47.1%)

New York is 94.5% funded.

Mitch is the one stopping this, and Kentucky is his home state

California is also in bad shape

those states have been making promises and passing legislation for retirement, but don't have the tax base to support it

we can't make this a federal liability

The beauty of California is they’ve chased away many of the big taxpayers like myself and replaced them with ten illegals who pay no taxes and suck on the government teat.

 

[Coyote]

Sanctuary states shouldn't be getting any bailout money. There has to be consequences for illegal behavior.

we cannot assume the responsibility for under-funded state pensions

the good news is that we can count on Trump to stand firm on this

the better news is that this only really affects deep blue states like CA, IL, CT & NY

The 5 States With the Most Underfunded Public Employee Pensions

Truly fixing the problem will mean resetting the level of state government employee pension benefits to fiscally sustainable levels, which state government employees have so far successfully resisted.

fee.org

In October 2018, Bloomberg's Danielle Moran tallied the total liabilities and the funded portion that applies to each state’s public employee pension funds, finding that five states had funded less than 50% of the cost needed to pay for their promised state public employee’s pension benefits:

• Kentucky (33.9%)
• New Jersey (35.8%)
• Illinois (38.4%)
• Connecticut (43.8%)
• Colorado (47.1%)

New York is 94.5% funded.

Mitch is the one stopping this, and Kentucky is his home state

California is also in bad shape

those states have been making promises and passing legislation for retirement, but don't have the tax base to support it

we can't make this a federal liability

California is 66.5% funded. Worse then California are red states like LA, SC, ND, IN, AZ, NM, MS...for a start.

I guarantee Mitch will find something for KY.

I do agree though - it's not the federal government job to prop up the pensions. It's just dishonest to say the blue states are the worst - it's a mix.

I would agree with the federal government helping states with covid-related expenses and shortfalls.

 

[g5000]

So forget it, Blue States.

Mnuchin Says No Bailout for States With Badly Managed Budgets.

Mnuchin works for a man who ran up more than $3,000,000,000,000 of debt BEFORE the pandemic. No one loves to spend other people's money more than Trump.

Tell me. How DO you people stand the stench of your own hypocrisy?

 

[Coyote]

Sanctuary states shouldn't be getting any bailout money. There has to be consequences for illegal behavior.

we cannot assume the responsibility for under-funded state pensions

the good news is that we can count on Trump to stand firm on this

the better news is that this only really affects deep blue states like CA, IL, CT & NY

The 5 States With the Most Underfunded Public Employee Pensions

Truly fixing the problem will mean resetting the level of state government employee pension benefits to fiscally sustainable levels, which state government employees have so far successfully resisted.

fee.org

In October 2018, Bloomberg's Danielle Moran tallied the total liabilities and the funded portion that applies to each state’s public employee pension funds, finding that five states had funded less than 50% of the cost needed to pay for their promised state public employee’s pension benefits:

• Kentucky (33.9%)
• New Jersey (35.8%)
• Illinois (38.4%)
• Connecticut (43.8%)
• Colorado (47.1%)

New York is 94.5% funded.

View attachment 329845

Looks like a lot of red states you have there...including #1. Where's NY?