National Symphony Orchestra members are accusing the Kennedy Center for the Performing Arts of "leading the race to the bottom" for cutting off musicians hours after President Trump signed a $25 million bailout for the institution.
The John F. Kennedy Center for the Performing Arts on Tuesday laid off approximately 20 administrative staffers who support the National Symphony Orchestra. The announcement comes just four days after President Donald Trump signed a stimulus bill that provided $25 million in relief funds for the cultural institution.
The Kennedy Center informed members of the National Symphony Orchestra that they would no longer be paid just hours after President Trump signed a $25 million taxpayer bailout to the cultural center, according to an email obtained by the Washington Free Beacon. Nearly 100 musicians will no longer receive paychecks after April 3
Indiana Democrat Evan Bayh, a former member of the Senate Banking Committee, had a series of private meetings with financial service industry executives and lobbyists just as the big banks were seeking a bailout in 2008.
In Donald Trump's latest book, Crippled America, the former frontrunner for the Republican nomination writes that government "doesn't belong in health care except as the very last resort." As Trump goes onto explain, he thinks the government should guarantee funding for insurance companies that lose a lot money, whether as a result of outside factors or simply poor management. In other words, he's in favor of government bailouts for health insurance companies.
Here is the full passage:
The insurance industry's losses through President Obama's health care law cannot be recouped with a bailout unless the U.S. Congress approves it, according to a release from the Government Accountability Office.
More than half of Texans said that the $50 billion taxpayer bailout of General Motors may deter them from buying from the company, according to a survey released Tuesday.
General Motors has shied away from promoting the Chevrolet Volt in 2013 as the federal government begins selling off its final shares of company stock, a move one expert said may have been made to avoid reminding the public of the federal bailout.
General Motors of Canada President Kevin Williams is warning that subprime loans could doom the auto industry just as it did the housing industry in 2007.
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National Symphony Orchestra members are accusing the Kennedy Center for the Performing Arts of "leading the race to the bottom" for cutting off musicians hours after President Trump signed a $25 million bailout for the institution. 
