New Study Shows Bailout Encourages Out-of-Control Spending

Rich States Poor States is a new study from the American Legislative Exchange Council (ALEC) that offers a road map to recovery based on economic performance trends from states over the last 10 years. The federal bailout of the states may simply encourage out-of-control spending by states, which is up 124% over the last 10 years, without requiring them to make the tough decisions needed to bring about financial stability.