Topic: Pension Liability

1 chapters across the catalog

Imbleachment
Episode 1237 1:39:07 - 1:42:39

1237: Imbleachment

State Bankruptcy and Infrastructure Bill Debates

The hosts discuss the political maneuvering between governors and the federal government regarding bailouts and bankruptcy. Mitch McConnell suggests that states like Illinois and New York should be allowed to go bankrupt due to massive pension liabilities. Meanwhile, President Trump pushes for a large infrastructure bill using "magic money" (MMT), while Democrats prioritize state funding.