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S.Res. 268

July 11, 2019

“Expressing the sense of the Senate that the Federal Government should not bail out any State. … That it is the sense of the Senate that— (1) the Federal Government should take no action to redeem, assume, or guarantee any debt, including pension obligations, of a State; and (2) the Secretary of the Treasury should report to Congress any negotiations to engage in actions that would result in an outlay of Federal funds on behalf of creditors of a State.” 

Read the full article on: United States Senate

 
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