Whenever we talk about a state refusing to cooperate with the enforcement of a federal law or the implementation of a federal program, some naysayer will almost always tell us, “That won’t work! The feds will just cut funding to that state.” But the truth is, this threat is way overblown.
In fact, the feds are very limited in the funding they can cut.
For Further Reading
- Arizona Senate Passes Bill to Exclude CBDC from State Definition of Money - February 29, 2024
- To the Governor: Utah Bill Would Authorize State Gold and Silver Reserves - February 29, 2024
- Signed by the Governor: Two South Dakota Laws Take Steps Against a Central Bank Digital Currency - February 28, 2024