What Are States Going to Do About the Horrible Debt-Limit Deal?
Because of the awful deal on the debt ceiling, the country is facing yet another crisis—a massive wave of even more painful cuts from state capitols and city halls all across the country.
States have already slashed almost half a trillion dollars since the start of the recession. With deep cuts in federal funding for schools, Medicaid, and hundreds of other essential programs, local officials will be forced to either make up the difference or cut even more.
Another round of cuts from the states or local governments will cripple our schools, trample the middle class, and almost surely plunge us back into another recession.
States rely on the federal government to pitch in for priorities like education, Medicaid, and infrastructure—and a lot of that funding is about to go away because of the GOP's radical demands during the debt ceiling crisis.
And these cuts come at the worst possible time, with states already hurting from the recession and the end of the stimulus.
State and local governments don't have to just slash and burn like they did in Washington. Even during this recession, some states have demanded that the wealthiest pay more so we can keep investing in schools, roads, health care, and other critical needs.
Still, because of this awful deal on the debt ceiling, the pressure to cut will be overwhelming.