The Trump administration open to aiding cash-strapped states if it can get tax cuts - Business Insider

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The Trump administration is reportedly open to aiding cash-strapped states if it can advance key GOP priorities on tax cuts

The Trump administration is open to provide states with federal cash if they can wrest concessions from Democrats on tax cuts among other GOP priorities.Republicans had staunchly opposed the idea of state aid, and it could still be a hard sell among lawmakers who derided it as a "blue-state bailout."The Trump administration is reportedly open to extending emergency federal funds to cash-strapped states, but only if it can make headway on other GOP priorities like tax cuts.

It's also open to tying state aid to achieving other Republican priorities such as tax breaks and liability protections for reopened businesses to shield them from lawsuits. That sum of money, however, is far short of what many experts and governors say is needed to stem the fiscal pain among states. State governments have pleaded for a massive influx of cash in recent weeks, ascompel many to begin scaling back vital public services and laying off employees.

That comes as states are also grappling with increased spending on healthcare, safety net programs, and unemployment aid.for at least $500 billion in emergency federal aid for all 50 states. State aid, though, has emerged as one of the deepest rifts in the fight to shape another large coronavirus spending package.

 

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NO NEW TAXES!!!

Tax cuts? America's debt is reaching epic proportions, yet it's still taxing like it's Switzerland. 😂

So... quid pro quo, then. Again.

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