The Fed government should not bailout bad state operations. New York Gov. Andrew Cuomo urged the federal government Saturday to put politics aside and focus on providing funding for state governments that face growing deficits prompted by the coronavirus outbreak.
“If Washington does not make up that shortfall, there will be cuts. Do your job and help the American people! No delay, no special interests and no corporate bailouts,” Cuomo said Saturday.
The foolish wasteful $3-trillion coronavirus relief bill approved by a Democratic majority in the House of Representatives on Friday would deliver almost $1 trillion in aid for state and local governments. About half of it would be in flexible funding to states. But President Trump and fellow Republicans, who control the Senate, oppose the economic stimulus package, meaning it will almost certainly be rejected in its current form.