Georgia stands to lose in debt plan

[XanaDUer]

The state government’s $37 billion overall budget is propped up with about $11 billion in federal funding, which goes towards everything from health care for the poor to historic preservation. Federal tax money has helped avoid bigger state and local government layoffs than the state has already made.

State officials know the debt deal approved last week will likely mean major cutbacks in how much money they receive from the federal government. They just don’t know when the hit will come, how much it will be, and which programs will be affected by the decision by Congress to slow the flow from the federal spigot.

But Kelly McCutchen, president of the free market Georgia Public Policy Foundation think tank, said state services have survived past cuts in federal funding, such as the elimination this year of economic stimulus money.

“We don’t believe that the concerns with state funding should stand in the way of getting the federal government’s fiscal house in order,” he said.

http://www.ajc.com/news/georgia-politics-elections/georgia-stands-to-lose-1082098.html

[47of74]

1. The red states are going to be the ones that lose here...

[XanaDUer]

2. When you read the "hit list" in the article,

it's going to be :scared: in Georgia for poor people!

[tularetom]

3. Big time

Cutbacks in federal discretionary spending will expose red state governments for the parasites they are.

[XanaDUer]

4. And how cavalier folks from the free enterprise of Georgia Institute

or whatever the hell it's called are about it.

Well, what can you do? Sometimes people have to feel the pain.

EDIT: Typo

[XanaDUer]

5. kick

There are many fine people in GA who are going to suffer horribly for the stupidity of others.