Cuomo calls $2T stimulus 'reckless,' says it fails to meet New York's needsThe Hill, Mar 26, 2020
New York Gov. Andrew Cuomo (D) on Thursday said the $2 trillion coronavirus stimulus package passed by the Senate late Wednesday did not meet the needs of the Empire State, calling the bill "irresponsible" and "reckless."
The $5 billion included in the bill for the state hardest hit by the coronavirus is “earmarked only for COVID virus expenses, which means it does absolutely nothing for us in terms of lost revenue for this state,†Cuomo said during his daily coronavirus press briefing. He said the lost revenue from an essentially shuttered economy is “the bigger problem.â€
“The congressional action in my opinion simply failed to address the governmental need,†Cuomo added, saying “I’ve spoken to all the officials involved, I spoke to our House delegation I spoke to our senators … I’m disappointed, I find it irresponsible, I find it reckless.â€
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“I was shocked that they were so irresponsible in addressing the state and the city need,†Cuomo later said while taking questions from reporters. “They just did not address the revenue shortfall … they know we have to fund education, they’ll all say in their speeches ‘education, education, it’s our children’s future’ and then they do absolutely nothing in their legislation.†[...]
Cuomo had also blasted the package Wednesday before its late-night passage, calling it a “terrible†bill for New York and saying the figure “sounds like a lot of money, but we’re looking at a revenue shortfall of [as much as] $15 billion,†he said. “This response to this virus has probably already cost us $1 billion, and it will probably cost us several billion dollars when we’re done.â€
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https://thehill.com/homenews/state-watch/489653-cuomo-calls-2t-stimulus-reckless-says-it-failed-to-meet-local-government