Saturday, March 28, 2015

Obama wants to end tax-payer funded sports stadiums

When a resident of the ROLO neighborhood was asked by Democrat John Szerdi why he wasn't voting for him, his answer was one word--"ballpark."

In an historic move, President Obama’s new budget proposes eliminating the longstanding practice by governments of forcing taxpayers to foot the bill for wealthy sports franchises to build, renovate, and maintain costly stadiums. For far too long, this shameless giveaway has left city budgets in ruins while showering the franchise owners with hundreds of millions in corporate welfare.

President Obama’s not having it any more. In a small article placed in his 2016 budget proposal, he called for ending tax-free government bonds for sports facilities, which have cost taxpayers $4 billion over the past thirty years.

Read about it... at Occupy Democrats.

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