Governors have so much extra money, they're giving it away
CNN
As America emerges from the deepest depths of our pandemic crisis, state governments find themselves with a happy problem: too much cash on hand, writes Edward J. McCaffery. Next comes the question of what politicians do when they have too much money.
As America emerges from the deepest depths of our pandemic crisis, state governments find themselves with a happy problem: too much cash on hand. Aided by federal Covid-relief dollars and now facing surging revenues due both to a fast-growing economy and inflation, states have more money than they presently can spend. Mirabile dictu.
The United States and 16 other countries whose citizens were taken hostage by Hamas on October 7 are set to release a joint statement Thursday calling on Israel and Hamas to come to an agreement on the most recent ceasefire and hostages proposal, according to a US official – marking the latest move in the Biden administration’s push to bring to an end the Israel-Hamas war.