A Southwest Florida congressman is behind a proposal to ensure federal dollars won’t be used to bailout insolvent states, territories and local governments. At the end of last week, U.S. Rep. Francis Rooney, R-Fla, introduced the “Government Bailout Prevention Act” which he showcased on Tuesday. “American taxpayers do not like when their money is used to bail out failing corporations or businesses and this dislike extends to state and local governments who are fiscally irresponsible,” Rooney said. According to Rooney’s office, the proposal “prevents the federal government, including the Federal Reserve and U.S. Treasury, from paying or guaranteeing state and...