McConnell: ‘Not Interested’ in Borrowing Money from Future Generations to Bail Out States for Bad Decisions
Jeff Poor 30 Apr 2020
Thursday on Fox News, Senate Majority Leader Mitch McConnell (R-KY) once again dismissed the possibility of a bailout for states as part of the response for the coronavirus pandemic.
McConnell defended his earlier suggestion that states could declare bankruptcy and argued the federal government should not be liable for state governments that had made poor decisions prior to the pandemic.
“What I’ve said is, we’ve already provided $150 billion in previous bills in the last month or six weeks for state and local government,†he said. “Bankruptcy is obviously a decision, if it were legal, would be made at the state level. I don’t think many states would choose that option. But the point is, we’re not interested in borrowing money from future generations to send down to states to help them with bad decisions they’ve made in the past unrelated to the coronavirus epidemic. We’re more than happy, and already have, sent $150 billion down to states and localities to deal with the pandemic.â€
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https://www.breitbart.com/clips/2020/04/30/mcconnell-not-interested-in-borrowing-money-from-future-generations-to-bail-out-states-for-bad-decisions/
