tag:blogger.com,1999:blog-3730552595439161417.post3851913185290779211..comments2017-04-24T04:19:11.464-04:00Comments on For Attribution: Bankruptcy protection for states? Tell us what you think.Fred and Meredithhttp://www.blogger.com/profile/09532397631557277983noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3730552595439161417.post-31453024996939570402011-01-31T15:26:24.206-05:002011-01-31T15:26:24.206-05:00Why should states be allowed to unilaterally void ...Why should states be allowed to unilaterally void contracts because they made bad decisions?<br /><br />The problem I have with this is it screws the people who benefit from the pensions and salaries the states agreed to and planned lives based on them.<br /><br />In the 2000s, a GOP controlled Congress raised the bar dramatically against PEOPLE seeking bankruptcy protection and preventing them from getting the same breathing room Newt and Jeb want to give states now. <br /><br />Pensions and union contracts are just one piece of the budget puzzle. This basically lets Republican governors (and Dems) avoid going to taxpayers and asking for more taxes to pay for programs that voters want but don't want to pay for. Or, saying, you don't want to pay for it so we have to cut it.Anonymousnoreply@blogger.com