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Thursday, April 15, 2010

Dems To Propose $23B ‘Putting Off Hard Decisions’ Fund

Democratic leadership in the Senate is proposing a $23 billion 'emergency' fund that would act as a stopgap for states considering layoffs — primarily in education — to overcome budget deficits.

While nobody wants to see widespread teacher layoffs, let there be no mistake: this bill would represent yet another unpaid-for (hence the 'emergency' bit, which lets Dems get around PAYGO rules) bailout to favored Democratic constituencies, namely powerful teacher and municipal unions. And it would allow state and local governments to once again put off getting their fiscal houses in order.

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