Whitmer: 'Incredibly irresponsible' for McConnell to let states declare bankruptcy

[mystery-ak]

Whitmer: 'Incredibly irresponsible' for McConnell to let states declare bankruptcy
By Tal Axelrod - 04/23/20 11:23 AM EDT

Michigan Gov. Gretchen Whitmer (D) is criticizing Senate Majority Leader Mitch McConnell (R-Ky.) for saying he supports letting states declare bankruptcy during the coronavirus pandemic, calling the remarks “incredibly irresponsible.”

“I was really disappointed to see Senator McConnell’s comments about letting the states go bankrupt,” Whitmer said on MSNBC. “I just think that it’s incredibly irresponsible.”

McConnell on Wednesday said he would be in favor of allowing states to declare bankruptcy rather than Congress passing a package of aid to states cash-strapped by the coronavirus pandemic.


"I would certainly be in favor of allowing states to use the bankruptcy route. It saves some cities. And there’s no good reason for it not to be available. My guess is their first choice would be for the federal government to borrow money from future generations to send it down to them now so they don’t have to do that. That’s not something I’m going to be in favor of," McConnell said Wednesday.

more
https://thehill.com/homenews/state-watch/494307-whitmer-incredibly-irresponsible-for-mcconnell-to-letting-states-declare

[PeteS in CA]

Tyrant-Wannabe sez wut?

[Jazzhead]

Bankruptcy would be a boon to many states .  It would allow them to abrogate or reduce their obligations for unsustainable pensions and benefits.

[cato potatoe]

We're finding out what would have happened, were John Lindsay in charge of a whole state.

[PeteS in CA]

Bankruptcy would be a boon to many states .  It would allow them to abrogate or reduce their obligations for unsustainable pensions and benefits.

Unions.

[EdinVA]

It is going to be interesting to see which of these dictator wannabe's survive the next election.