While the federal government’s economic stimulus package raises considerable consternation over the $787 billion debt load, the fact is that gravy train left the station and we’re along for the ride whether we like it or not.
So we’ll grit our teeth while we spend the money and hope that the goal of a quicker economic recovery comes to fruition.
The state of Florida would be in a shambles without an infusion of billions — some $5 billion this fiscal year alone. The Legislature stared down a $6 billion shortfall when setting the 2009-2010 state budget.
Without the federal bailout, the state would have been forced into major layoffs, possibly in the thousands.
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