The Daily Blog
    05.28.15
    Quick Read:


    “…[T]he time has come to fight today's federalism battles over executive federalism and to prepare for tomorrow's — for example, the sure-to-come question of federal bailouts for major cities and entire states,” wrote Michael S, Greve, professor at George Mason University School of Law. “ Could the Federal Reserve recapitalize the state of Illinois? A TARP for states: Would that be constitutional? If so, who would enforce the repayment obligations or promises of fiscal discipline, and how?”

     

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