Lawmakers Oppose Government Bailout of States
NTD BusinessPaul Greaney

While Capitol Hill is calling for more money for aid and economic stimulus, one group says the states shouldn’t be bailed out. Hundreds of state legislators say it’s not fair for taxpayers to bail out states that haven’t been able to balance their budgets. Especially since they’ve only spent 25 percent of the CARES Act aid, according to the Treasury Department.

The American Legislative Exchange Council (ALEC) is behind the initiative. It’s holding a virtual conference on Monday to voice opposition. Senators Mike Braun and Rick Scott will speak. NTD talked to the ALEC’s executive president Jonathan Williams and asked him why the group is doing it.