Truth in Accounting -- Bill’s Blog
COVID dollars: Stimulus, relief or bailout? A closer look at some math
Includes “… This reasoning is consistent with other widely-reported efforts to deflate claims that federal ‘stimulus’ dollars unfairly penalize fiscally responsible states. The ‘bailout’ claims are unfair, the argument goes, because fiscally challenged governments tend to be in states that send more money to Washington, D.C. then they get in return. But let’s take a closer look at this reasoning. …”
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