Turtle soup

23 April 2020 By Richard Beales, Anna Szymanski Follow @richardbeales1

Mitch McConnell is resistant to giving states more help, especially for their pensions. He prefers letting them file for bankruptcy – currently not allowed. It’s political posturing, but just floating the idea could eventually backfire, including for his own state of Kentucky.

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U.S. Senate Majority Leader Mitch McConnell on April 22 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 on Hugh Hewitt’s syndicated conservative talk radio show 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.

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