I understand why you would be cynical but don’t understand at all how you came to that conclusion
It’s paying to rebuild infrastructure where the state government has been neglecting. I’m sure part of it will be to rebuild what’s been destroyed by the hurricane.
So bailing out who? Sounds like they’re bailing out the people by building a more resilient energy grid, which some might instead define as an investment in the future
As I understand it, Texas republicans pushed to privatize the state’s electrical grid, and allow “provider choice” in way that has led to extreme profit-taking by private entities and reduced any investment in infrastructure. This contributed to the extremely high prices that some Texans have been paying in the winter, as well as more frequent and sever outages.
We could consider this a bailout because private entities sucked all the money out of the system, and now the federal government is investing to try and get it into a working state again.
It’s paying to rebuild infrastructure where the state government has been neglecting.
Besides Texas, none of those states listed are population dense or otherwise rich. In fact the low population density may require the cost per subscriber to be significantly higher because more infrastructure is required to bring service to fewer people. This is a perfect example of good federal government spending.
Is your preference that if these regions can’t afford to build/maintain this infrastructure they should go without?