The Democrats’ $1.9 trillion stimulus bill is a monster of public spending with the prime aim of rewarding political cronies. Free-spending blue cities and states get bailouts, along with unions with mismanaged gold-plated pensions for their members. The losers, of course, are the savers and taxpayers. That’s because it won’t be long before Argentina-style inflation and Europe-style taxes kick in to pay for these benefits to leftists.
The only hope is to grow the economy so that the debt can be paid, which is something Americans often know how to do.
But unlike other bills, this one contains a poison pill, to ensure that red states and cities inclined to cut taxes are stopped dead in their tracks.
Reason magazine’s Eric Boehm has located and identified this slimy, sneaky little rider:
Buried within the $1.9 trillion emergency spending bill that Congress sent to President Joe Biden’s desk on Wednesday is a provision that could effectively block states from cutting taxes if they accept federal bailout dollars.
Read the full story from American Thinker
Want more BFT? Leave us a voicemail on our page or follow us on Twitter @BFT_Podcast and Facebook @BluntForceTruthPodcast. We want to hear from you! There’s no better place to get the #BluntForceTruth.