Although bankruptcy would be an imperfect solution to out - of - control state deficits, it's the best option we have, at least if we want to have any chance of avoiding
massive federal bailouts of state governments...
Not exact matches
As such, facing a
massive and immediate liquidity crisis, they would be in more need of a
federal bailout than before the bankruptcy legislation was seriously mooted.
Trump can't do much about the $ 75 billion the government owes Wall Street creditors on his own; it's possible that the
federal government could pay off some of it, but a
massive bailout won't go over well in Congress.
(CNN)- The Democratic Senatorial campaign committee is out Saturday with a new attack ad that paints senior Missouri Rep. Roy Blunt as a symbol of Washington insider politics and condemns the Senate candidate for voting for the
federal government's
massive bailout of the financial industry in 2008.
But candidates may have to revise their ambitions and spending plans in the wake of the $ 700 - billion
federal fiscal
bailout, which promises to put a
massive dent in taxpayers» pocketbooks.
Even if they never sell enough cars to make an honest profit, there's already been a huge profit to GM in the form of
massive federal subsidies and of course, the
massive bailout of GM itself back in 2008... Why not throw money at the electric car boondoggle?
Unless you were living under a rock (or working extra hours to pay your outlandish rock rent), you probably heard about the
massive bailouts that the
federal government rolled out over the past few years to help keep a few of the «too big to fail» investment companies and financial institutions afloat.