08.11.2010 0

What does the $26.1 billion bailout actually do?

Now that the House has passed the States Bailout, what does it actually do?

We have already shown you that this legislation is a way for the Teachers Unions to receive bailout money. However, the Obama administration argues that this bailout will “save the kids”. However, they fail to recognize that the bill only prevents teacher layoffs, thus resulting in more money paid to the unions through teacher membership dues.

But will the bailout live up to everything that House Democrats and the Obama administration say it will? Just check out the below video from Newsy.com:

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