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TexasTowelie

(112,096 posts)
Wed Apr 22, 2020, 07:31 PM Apr 2020

McConnell: I'd rather see states go bankrupt than use public money to save them

The world is only beginning to grapple with the far-reaching and destructive effects of the coronavirus pandemic, but Republican leaders are already making it clear they’re willing to throw the nation to the wolves than spend a dollar more of public money than they have to.

The crisis is projected to blow a half-trillion-dollar hole in the budgets of America’s 50 states. If the states are not bailed out, the shortfall is likely to trigger crushing austerity, massive job losses, and an abrupt end to critical public services that could push our economy into years of recession or even a great depression to rival the 1929 crash.

Yesterday, Democratic leadership made the questionable decision to punt on the issue of state bailouts and pass the third coronavirus relief bill refilling the small business bailout fund without fighting for the common-sense concessions that liberals have been angrily demanding, like relief funding for state governments, the post office, and a national vote-by-mail program.

Predictably, the moment the third bill passed via vote-by-consent, McConnell announced the Senate would no longer be passing any bills by unanimous consent and force all Senators to return to Congress.

Read more: https://washingtonpress.com/2020/04/22/mcconnell-id-rather-see-states-go-bankrupt-than-use-public-money-to-save-them/

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McConnell: I'd rather see states go bankrupt than use public money to save them (Original Post) TexasTowelie Apr 2020 OP
And somehow bailing out airlines and oil and gas companies is sinkingfeeling Apr 2020 #1
Does that include Kentucky? Cha Apr 2020 #2
Surely you jest. eom guillaumeb Apr 2020 #3
What I thought! Cha Apr 2020 #6
Not in an election year for Mitch Retrograde Apr 2020 #4
Then what's good for Kentucky is Good for Cha Apr 2020 #7
Yes it is SBoy Apr 2020 #9
If mitch is the one who gets to run the statewide fire sale, you bet your ass it does. Volaris Apr 2020 #12
'questionable decision to punt' likely based on their expectations about elleng Apr 2020 #5
Fucking McTurtle, what a hypocrite SBoy Apr 2020 #8
Mostly so they can do away with pensions TheFarseer Apr 2020 #10
Hey Mitch I'd like to see you in the obituaries section of tomorrow's paper Blue Owl Apr 2020 #11
 

SBoy

(92 posts)
8. Fucking McTurtle, what a hypocrite
Wed Apr 22, 2020, 07:46 PM
Apr 2020

He will be getting a pension at full pay for the rest of his life, including healthcare, funded from a government running a $24Trillion debt.

TheFarseer

(9,319 posts)
10. Mostly so they can do away with pensions
Wed Apr 22, 2020, 07:57 PM
Apr 2020

For government workers. Instead of having an honest conversation about it, they cynically use a crisis to take a “principled stand”. Maybe Mitch should get a 401k like everyone else.

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