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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMississippi, dependent on federal largess, murders their cash cow today
Mississippi, dependent on federal largess, murders their cash cow today
Mississippi is one of those welfare statesstates that receive more in federal money than it sends back to Washington in tax receipts. In fact, Mississippi ranks first in receiving federal largess.
The money comes in the form of farm subsidies, military spending, anti-poverty aid and retirement programs. As one of (if not THE) nation's poorest states, Mississippi is dependent on the feds for an astonishing 45.84 percent of revenues. Without the feds, Mississippi is a third-world country.
So what better way to improve their lot in life than to fire one of the guys bringing in that sweet, sweet federal dough? All that federal agricultural spending? Well, Sen. Thad Cochran is the ranking Republican on the Senate Agriculture Committee. All that military spending? Cochran is the ranking member of the Appropriations Subcommittee on Defense. And yes, that also means he's on Appropriations, which itself is a direct tap into the federal Treasury.
So how is the state's dominant political party handling this situation? Rather than reward the guy who is keeping their state economically afloat, they're currently in the process of firing him and replacing him with an anti-spending nihilist eager to cut off his state's lifeline.
...
Mississippi is one of those welfare statesstates that receive more in federal money than it sends back to Washington in tax receipts. In fact, Mississippi ranks first in receiving federal largess.
The money comes in the form of farm subsidies, military spending, anti-poverty aid and retirement programs. As one of (if not THE) nation's poorest states, Mississippi is dependent on the feds for an astonishing 45.84 percent of revenues. Without the feds, Mississippi is a third-world country.
So what better way to improve their lot in life than to fire one of the guys bringing in that sweet, sweet federal dough? All that federal agricultural spending? Well, Sen. Thad Cochran is the ranking Republican on the Senate Agriculture Committee. All that military spending? Cochran is the ranking member of the Appropriations Subcommittee on Defense. And yes, that also means he's on Appropriations, which itself is a direct tap into the federal Treasury.
So how is the state's dominant political party handling this situation? Rather than reward the guy who is keeping their state economically afloat, they're currently in the process of firing him and replacing him with an anti-spending nihilist eager to cut off his state's lifeline.
...
Markos Moulitsas nailed this one in his latest diary at DailyKos
Make sure you click the link to read the paragraph on how the Koch Brothers are going to screw over the people who voted for the Koch backed guy.
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Mississippi, dependent on federal largess, murders their cash cow today (Original Post)
MohRokTah
Jun 2014
OP
Dawson Leery
(19,348 posts)1. A McDaniels win turns this seat from safe R to lean R.
MohRokTah
(15,429 posts)2. Yes, but it also means federal money won't be flowing to the state so easily.
No matter who wins if Cochran loses, a senior Senator is unseated and thus all those owed favors leave the Senate with him.
Federal money is vastly important to Mississippi, and losing such a senior Senator means a minimum of a 10% drop in federal funds starting in October of 2015.
Louisiana1976
(3,962 posts)3. That'll be dumb-voting out Cochran to replace him with a teabagger.
alp227
(32,068 posts)4. Ironic for a state with a history of anti-federal sentiment,
from the Civil War to its politicians being on the wrong side of the Civil Rights Movement.