by Brooke Singman
New York Gov. Andrew Cuomo on Thursday hammered Senate Majority Leader Mitch McConnell’s suggestion for states to declare bankruptcy amid the fiscal fallout from the coronavirus pandemic, calling it “one of the really dumb ideas of all time.”
The Democratic governor, during a press conference Thursday, addressed McConnell’s suggestion a day earlier that state governments be eligible to file for bankruptcy due to the coronavirus crisis.
“We’ve been talking about funding for state and local governments, and it was not in the bill that the House is going to pass today. They said, ‘Don’t worry, don’t worry, don’t worry — the next bill,’” Cuomo said. “As soon as the Senate passed it – this current bill – Sen. Mitch McConnell goes out and he says, maybe the states should declare bankruptcy. OK.”