Boise, ID (STL.News) Statement by Idaho Governor Brad Little:
Democrats in Washington, D.C., are actively working to saddle your grandchildren with unprecedented levels of debt to bail out states that have not operated responsibly before or during the pandemic.
The latest round of foolish logic in the Democrats’ COVID-19 relief plans would punish responsible states like Idaho for pursuing tax cuts for our citizens!
First, their plan gives disproportionately more direct aid to states that have kept people out of work and entered the pandemic with poorly performing economies and botched state budgets. The move comes at the expense of Idaho, which has low unemployment, few restrictions, a strong economy, and a solvent state budget. The plan siphons a quarter of a billion dollars away from Idaho and gives it to states on lockdown, such as California, New York, Illinois, and others.
Then, their package includes a multibillion-dollar bailout for private pension funds that have been mismanaged for decades. The move comes at the expense of Idaho, which has one of the strongest state pension funds in the nation, thanks to prudent management.
Now, under the bill, Idaho would potentially subsidize poorly managed states simply because we are using our record budget surplus to pursue historic tax relief for our citizens.