Thursday, January 8, 2009

The O'Malley Bailout

Mark Newgent @ redmaryland.blogspot.com makes an excellent point using a National Review’s editorial as his springboard. The editorial says:

The plan would also provide a massive bailout for states that indulged in politically popular but unaffordable spending during the boom, only to find themselves overcommitted on Medicaid and other fronts. If one looks, one notices that the states in the most trouble and the states with most liberal governments form an overlapping group. Some Republican Governors like Mark Sanford of South Carolina and Rick Perry of Texas have argued that taxpayers from more prudent states shouldn’t be forced to pay for other states’ welfare programs. They are absolutely right.

Mark notes "Maryland and Governor O’Malley fit that description in the APB."

Link above - take a look!

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