(May 4, 2020) It’s no secret that state budgets are weighed down by indefensible public pensions and featherbedding. Sen. Mitch McConnell and Gov. Andrew Cuomo have locked horns on whether Washington should bail out states that are basically insolvent. In this USA Today column, Philip Howard argues that a Recovery Authority is an ideal vehicle to enforce fiscal discipline on states in exchange for federal relief. The winners will include beleaguered taxpayers in New York, Illinois, California and other large states.
In recent weeks, our proposal for a Recovery Authority to clear out unnecessary red tape has received additional endorsements. A lead editorial in Sunday’s The Oklahoman supports our “reasonable suggestions about getting the country going once the pandemic passes.” Charleston’s Post and Courier encouraged South Carolina to create a state version of the Recovery Authority.