OrbitalDawn
Ulysses Everett McGill
- Joined
- Aug 26, 2011
- Messages
- 47,031
The most awful person in Washington continues to deliver.
www.reuters.com
McConnell says he favors state bankruptcy over more federal aid
U.S. Senate Majority Leader Mitch McConnell on Wednesday opened the door to allowing U.S. states to file for bankruptcy to deal with economic losses stemming from the coronavirus outbreak that are punching big holes in their budgets.
McConnell said in a radio interview that Republicans would not support giving state and local governments more money in future coronavirus aid legislation, saying those funds could end up being used to bail out state pensions.
Speaking on Hugh Hewitt’s syndicated conservative talk radio show, McConnell said he instead “would certainly be in favor of allowing states to use the bankruptcy route.”

