Uncle Sam's $26 billion aid to states: What's your view?

President Obama signed this week a $26 billion aid package to cash-strapped states.

Democrats say the move was necessary to save hundreds of thousands of jobs for teachers, firefighters, police officers, and civil employees.

Republicans labelled it a special-interest giveaway ahead of midterm elections, linking it to wasteful stimulus spending.

Monitor reporter Mark Trumbull makes this important observation:

The $26 billion won't come close to filling the hole in state budgets. The governors association says the states have cut spending by about 11 percent since 2008. But the group says a large gap between spending and revenues remains to be closed: about $127 billion for the period from 2010 to 2012.

To supporters of the new legislation, that shows that Washington is simply offering some emergency help, not a free pass. To critics, the fact that states have already been making hard decisions suggests that the sky wouldn't fall if they had to do without the extra help.

Share your thoughts using the form below.

of stories this month > Get unlimited stories
You've read  of  free articles. Subscribe to continue.

Unlimited digital access $11/month.

Get unlimited Monitor journalism.