A federal bailout could be the only thing to keep Puerto Rico from going bankrupt.
But the costs of a bailout -- not just the literal monetary costs, but the dangerous political precedent that would be set -- could be huge, says Watchdog's Jason Hart. With many states running up unsustainable levels of debt on things like public pensions and social programs, a bailout for Puerto Rico could be a sign that unsustainable spending is nothing to fear because the feds will come to the rescue.
Meanwhile, Republicans hoping that someone would come to the rescue and stop Donald Trump from winning the party's nomination and now coming to terms with the fact that it won't be happening. Watchdog's Matt Kittle sits down with host Eric Boehm to talk about the final stages of the nominating process and what comes next for the party that now has Donald Trump, incredibly, as its standard-bearer.
All that, plus a look at why Austin, Texas, gave Uber the boot and our Nanny State of the Week, on this edition of the Watchdog Podcast.
