Oct. 21, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement praising 47 Senate Republicans, and Democrat Senators Joe Lieberman, Ben Nelson and Mark Pryor for rejecting a $35 billion states bailout:
"Every single Senate Republican, as well Senators Joe Lieberman, Ben Nelson, and Mark Pryor deserve the thanks of the American people for blocking a $35 billion bailout of bankrupt states that refuse to get their fiscal houses in order. It is apparent Obama, with enthusiasm dying for his reelection, needs to discard his 'pass it now' speech when he cannot even get a simple majority with his own party in power in the Senate.
"Moreover, this was no jobs bill. It was legislation simply meant to prop up Democrat Party constituencies, with $30 billion specifically earmarked for public school teachers. $95 million of that would have wound up in the teachers union coffers to be given to help reelect Democrats.
"Now that states know there are no more bailouts coming, they will finally have to make the cuts necessary to balance their budgets. This idea that spending needs to remain at levels of the unsustainable bubble years is just insane. No more bailouts."