The federal government’s proposed bailout of states hidden in a piece of legislation will only add to our dangerous debt burden, Governor Palin said last night in a telephone interview with Eric Bolling, Fox Business.
“Basically for years – and this is politically speaking – the states have essentially kept their under-funded pension debts and debt service obligations off the PR books, meaning those issues – they’re not sexy and glamorous, and fun to campaign on and talk about for politicians – they’re not cutting ribbons around them and holding press conferences, so the public has been unaware of this dire situation. And now things are coming home to roost….the states are so under water that they’re tempted to declare bankruptcy,” Gov. Palin said.
Governor Palin on Phone with Eric Bolling, Fox Business retrieved from PalinTV. Click image to play video in new tab or window.
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