....Among those backing the right of states to enter a formal bankruptcy is Americans for Tax Reform. Its director of state affairs, Patrick Gleason, doesn't deny that the anti-tax group specifically wants to force the issue of pension and healthcare benefits to the forefront, which obviously would be a serious challenge to organized labor. But he says unions need to face up to the reality of state finances.
"It's in their interest to renegotiate these contracts to something the states can afford," Gleason said.
Some unions see a more sinister motive: crippling organized labor in its last great bastion, the public sector, where 37% of workers are union members compared with just over 7% of private-sector workers.
Chuck Loveless, director of legislation for the American Federation of State, County and Municipal Employees, says the groups agitating for the state bankruptcy option are doing so "for the express purpose of reneging on collective-bargaining agreements.
"We take this very seriously," he said. "They're trying to create this hysterical atmosphere"....
Answer by Carpy at 7:40 PM on Jan. 25, 2011
House Majority Leader Eric Cantor, R-Va., told reporters Monday that he believes states already have the tools they need to ease crushing budget deficits since they can cut spending, raise taxes and pressure public employee unions to renegotiate their contracts and pension benefits. As a result, he said, he opposes letting states declare bankruptcy because he said they don't need that power.
While some conservatives say that allowing states to declare bankruptcy would prevent a federal bailout of states, Cantor said he disagreed.
"We don't need that to stave off a federal bailout. There will be no bailout of states," he said. "The states can deal with this and have been able to do so on their own."
So, sweet. Are you saying you agree with Cantor? Is Cantor's statement how you support your stance? Is this how YOU answer the question, "Should a State be allowed to file for bankruptcy?"
The republican leadership doesn't agree with it, that's why I posted....seems no one else bothered to answer
Answer by sweet-a-kins at 9:56 AM on Jan. 26, 2011
Answer by itsmesteph11 at 10:52 AM on Jan. 26, 2011
Next question overall
(Money & Work)
IF you are on PA not including WIC just medical,food and/or cash..how long...