Fox News reporter Claudia Cowan makes the hyperbolic claim that some cities could "virtually disappear." Sheppard Smith tried to walk the claim back but Cowan's fearful prediction is just what Fox News viewers eat for lunch, so that wasn't about to happen.
Let's be honest. The new Republican House will not bailout local and state governments this time around. Republican governors should be complaining, but aren't, because the financial statewide crisis plays into their hands. It just means more government cuts.