New York Gov. Andrew Cuomo (D) said that Sen. Mitch McConnell’s (R-KY) suggestion that states could declare bankruptcy during the coronavirus pandemic “a really dumb idea,” CBS News reports.
Cuomo called the idea “the most un-American, un-charitable statement of all time” which would cause chaos in financial markets.
He also noted that New York gives the most money of any state to the “federal pot,” while Kentucky takes the third most out of the pot: “Just give me my money back, senator… I say pass a law allowing states to declare bankruptcy. I dare you.”Save to Favorites