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To: All

Should read “State governments overspending beyond their capacity to borrow, look to the federal govt for help”..


10 posted on 10/11/2009 6:00:17 AM PDT by newnhdad (The longest of journeys begins with one step.)
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To: newnhdad
Should read “State governments overspending beyond their capacity to borrow, look to the federal govt for help.

Yup. And on top of that, laws passed in Washington require the states to spend on certain things. For example, the health care bill will require the states to spend even more on Medicaid-money the states don't have.

63 posted on 10/11/2009 6:56:22 AM PDT by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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To: newnhdad

Makes you wonder if there were headlines like this in 1930. I’ll bet there weren’t as many certainly.


116 posted on 10/11/2009 12:23:46 PM PDT by dr_who
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