Episode 38: The Federal Government Owns Your State...Even You Texas
Finance Essentials
English - July 02, 2021 02:25 - 34 minutes - 31.4 MB - ★★★★★ - 6 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode we take a look at the most recently passed infrastructure bill and how it compares to the previously discussed one, along with the idea that somehow this bill will actually reduce the US debt. Then we go down the rabbit hole and look at federal funding for the states. How do they get it? What is it tied to? What does the federal government want in return? Tune in and find out!
Show Notes:
House passes $760 billion transportation and water bill, making its pitch on infrastructure
https://www.washingtonpost.com/transportation/2021/06/30/house-transportation-infrastructure-bill/
Biden’s infrastructure plan would cut U.S. debt and slightly increase economic growth, Wharton study finds
https://www.cnbc.com/2021/06/30/biden-infrastructure-plan-would-cut-us-debt-add-to-gdp-wharton-study.html
Four Times the Government Held Highway Funding Hostage
https://www.theatlantic.com/politics/archive/2014/07/four-times-the-government-held-highway-funding-hostage/454167/