Yet another Obama crisis—$26.1 Billion Dollar Federal Bailout for Teachers Unions just in time for the November mid-term Congressional elections.
Next week, Members of Congress will rush back to Washington and acquiesce to House Speaker Nancy Pelosi, on this latest taxpayer dollar bailout giving away $655 Million to states such as Massachusetts so that state lawmakers can revive some 250 state programs that residents are unwilling to fund and pay for themselves.
What advice did Democrat-Socialists receive from Obama’s Federal Debt Commission regarding this latest federal bailout?
Erskine Bowles Co-Chairman of the Commission of Fiscal Responsibility and Reform said in July, that States shouldn’t count on Washington for a federal bailout because Washington just doesn’t have the financial resources.
Never stopped them before. Federal Budget Deficit Quadruples During Obama’s Watch
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