New York’s Andrew Cuomo derides state bankruptcy proposal

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Senate Republican leader faces criticism after suggesting states whose finances are depleted could declare bankruptcy

A Bloomingdales storefront is seen boarded up in Soho in New York City, the US, April 23 2020. Picture: DAVID DEE DELGADO/AFP

“This is one of the really dumb ideas of all time,” Cuomo said at his daily news briefing. “Not to fund state and local governments is incredibly short-sighted.McConnell, whose Republican Party controls the Senate, on Wednesday poured cold water on efforts by Democrats to tap federal coffers to provide assistance to state and local governments.

“You wanna see that market fall through the cellar?” Cuomo asked. “Let New York State declare bankruptcy, let Michigan declare bankruptcy, let Illinois declare bankruptcy, let California declare bankruptcy? You will see a collapse of this national economy.Cuomo accused McConnell of “vicious” partisanship for the suggestion, since the states hardest hit by coronavirus lean Democratic. “You want to politically divide this nation now, with all that's going on?” he asked.

“It will undermine everything from public health to education if we don't get the kind of support we need out of Washington, DC,” she said.

 

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