Here's the archive link, forgot to use it for the post
https://archive.ph/aNoMk
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Beyond being another hateful iteration of the conservative assault on trans people’s rights, the bill could have the state of Tennessee losing buckets of money as the legislation would contradict federal guidelines. If it passes the bill, Tennessee could lose $1.2 billion worth of federal education funding, and another $750,000 of federal grants dedicated towards supporting women and children. Other state and local government entities could be impacted as well.
Even with that potentially astronomical loss of funding, the bill passed the Senate 27-6, exhibiting the relentless urge Republicans have to target trans people at any cost.
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Aren't red states already typically receiving more in federal funding then they are paying in anyway?
Yes, absolutely. Generally, red states are deeply tax negative, receiving as much as four times as much funding back as they put in, and blue states are tax positive, getting as little as half the money they put in. The trend-buckers on this are DC and New Mexico which are blue but tax negative to various degrees (NM being at like $1.01 or $1.02 per dollar paid in, DC being the most dramatically supported at around $4 per dollar, although if it achieves statehood and the National Capital Service Area is removed it becomes tax positive) and Utah, the only actually tax positive red state (around $0.86 per dollar iirc), all funding accounted for. Any site that tells you otherwise is (usually intentionally) leaving out something, usually medicare, social security, or TANF.
Historical conservative talk of decoupling from blue states, pushing away from federal funding, "taking back" their tax money, etc. has always been deeply cynical as they knew that without those federal funds propping them up, they go belly up in a matter of weeks to months. Unfortunately, a lot of the new generation of politicians are true believers who genuinely believe their party lines at face value and we're going to see some serious :surprised-pika: over the next few years.
Source: me remembering stuff from grad school.
I thought Texas was the only "red" state that had anything resembling a positive contribution to the federal budget. If they somehow manage to spend more tax money than they take in, while being the second largest state-economy, it would be a downright impressive level of mismanagement.
Texas does not have either a state income tax or state property tax. Over 80% of its revenue comes from its 6.25% state sales tax. They're currently trying to lower their local property taxes, which will almost entirely eliminate funding for public schools. Deeply and deliberately mismanaged.
Texas is currently running a $33B surplus, in large part due to the surge in revenue from state taxes on crude oil and natural gas production. The legislature is debating on how to turn that into kickbacks with a veneer of tax relief pasted over the top. The cuts to education funding are entirely ideological and have nothing to do with shortfalls in revenues.