The Buckeye Institute is standing up against government bailouts. And this weekend, we went to The Hill to make sure our message is heard nationwide.
In "Will taxpayers be on the hook for Puerto Rico's debt?," Buckeye's Greg Lawson wrote:
Puerto Rico has a huge debt problem. The U.S. territory has amassed around $72 billion in liabilities, more than 100 percent of its gross national product -- and that does not even include its pension obligations. ...Rather than deal with the root cause of the problem -- out-of-control spending by its government -- Puerto Rico is turning to the U.S. government as a savior.
With a potential Puerto Rico "bailout" looming this coming week, The Buckeye Institute is sounding the alarm on the likelihood that taxpayers could be forced to pay for irresponsible states in the future. For the full story from The Hill, click here.
Whether in Washington, D.C., Ohio, or other states across the country, The Buckeye Institute will continue to show why free markets -- not government's "free" bailouts -- are the real solution for economic growth and opportunity.
Founded in 1989, The Buckeye Institute is an independent research and educational institution--a think tank--whose mission is to advance free-market public policy in the states.