Wednesday, May 6, 2020

Mitch McConnell Wants to Stop Blue State Bailouts, But Red States Need Help Too

https://www.newsweek.com/mitch-mcconnell-wants-stop-blue-state-bailouts-red-states-need-help-too-1501877


But whether or not states receive more aid from the federal government remains up in the air. McConnell, the Senate's top Republican, has positioned himself against passing another half-trillion-dollar relief package and even floated the idea of letting states go bankrupt.
"I think this whole business of additional assistance for state and local governments needs to be thoroughly evaluated," McConnell told conservative radio host Hugh Hewitt last month. "There's not going to be any desire on the Republican side to bail out state pensions by borrowing money from future generations."
Heads of state from both sides of the aisle slammed McConnell's remarks. New York Governor Andrew Cuomo called the suggestion "one of the really dumb ideas of all time." Maryland Governor Larry Hogan said that the Senate leader would "regret" making those comments and that bankruptcy was the "the last thing we need" during this global health crisis.
 

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