Here’s Our Next Installment Of Heavy Reading, Entitled “State & Municipal Debt, The Coming Crisis.” The Authors Have Been Called Before Congress To Give Testimony On This Issue.
Part One represents testimony from Nicole Gelinas to the House Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs, as well as the Committee on Oversight and Government Reform.
Part Two represents testimony from Ronald Biggs, a Scholar at the American Institute For Public Policy Research.
NO DOUBT, State & Municipal Debt is an all important issue in these times what with pressure to mitigate confiscatory taxation. While we will not take a stand on the author’s actual commentary, we as taxpayers would be wise to listen to all sides of the issue…
Stay Tuned For Next Monday’s Installment!
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