Thought they were doing fine? Why they need money for ?
Senator Moynihan, during his 24 years in office, made it a habit of reporting on a “balance of payments deficit” between and among the federal government and the states. He would annually compare the amount of money collected from New York residents and businesses in various taxes with the amount of federal money paid to New York State residents, its localities and school districts.
The taxes sent to Washington from New Yorkers always dwarfed the amounts sent back to New York by the federal government. Kentucky and a number of other states were on the receiving end of our money. The pattern was consistent over the years.
Moynihan left office in 2000 and passed away in 2003. But the data is still there, and given Republican Senate Leader Mitch McConnell’s call for the states to go bankrupt, a suggestion he backtracked on when it was pointed out to him that such action was illegal, it is time to revive the data.
www.buffalorising.com
Senator Moynihan, during his 24 years in office, made it a habit of reporting on a “balance of payments deficit” between and among the federal government and the states. He would annually compare the amount of money collected from New York residents and businesses in various taxes with the amount of federal money paid to New York State residents, its localities and school districts.
The taxes sent to Washington from New Yorkers always dwarfed the amounts sent back to New York by the federal government. Kentucky and a number of other states were on the receiving end of our money. The pattern was consistent over the years.
Moynihan left office in 2000 and passed away in 2003. But the data is still there, and given Republican Senate Leader Mitch McConnell’s call for the states to go bankrupt, a suggestion he backtracked on when it was pointed out to him that such action was illegal, it is time to revive the data.
New Yorkers send billions of dollars to Kentucky and other states every year; Mitch McConnell isn’t satisfied - Buffalo Rising
Originally published on politicsandstuff.com Where is Pat Moynihan when you need him? Unfortunately the late Senator from New York is no longer with us. We could use his forceful advocacy. Stay
www.buffalorising.com

these red states need to pull themselves up by their own bootstraps 