Economy

Gov. Cuomo: McConnell’s Bankruptcy Suggestion ‘One of the really dumb ideas of all time’

Published

2 years ago

April 23, 2020

Staff Writer

New York’s Governor Andrew Cuomo slammed Senate Majority Leader Mitch McConnell after he told FOX News’ “Bill Hemmer Reports” Wednesday that the U.S. Senate is “not interested in revenue replacement for state governments,” who he claims are trying to “take advantage” of the coronavirus epidemic by requesting assistance to pay off their rising deficits.

Cuomo called it “one of the really dumb ideas of all time” in the following Twitter thread.

Let’s talk about fairness, Mitch.

NYS puts $116 billion more into the federal pot than we take out.

Kentucky TAKES $148 billion more from the federal pot than they put in.

But we don't deserve help now because the 15,000 people who died here were predominately democrats?

— Archive: Governor Andrew Cuomo (@NYGovCuomo) April 23, 2020

“We’re interested in trying to help them with anything related to the coronavirus … [but] we are not interested in solving their pension problems and all these other things that they would like for us to finance,” McConnell told FOX News.

Prior to his interview with Bill Hemmer, McConnell told the “Hugh Hewitt Show” that he would prefer states declare bankruptcy rather than sending additional federal dollars to governors who have been begging the federal government for immediate financial assistance.

“What I’m saying is, we will take a pause,” McConnell told Hemmer. “We’re gonna wait at least until May the 4th … before we provide assistance to state and local governments who would love for us to borrow money from future generations to make sure that they have no revenue losses. Before we make that decision, we’re going to weigh the impact of what we’ve already added to the national debt, and make certain that if we provide additional assistance for state and local governments, it’s only for coronavirus-related matters. We’re not gonna let them take advantage of this pandemic to solve a lot of problems [and] bad decisions they’ve made in the past.”

McConnell’s remarks come one day after the Senate reached an agreement on an interim stimulus package that would replenish funds in the Paycheck Protection Program (PPP). At first, he planned to have the bill include funding for the PPP only, but Democrats delayed the legislation until they could add other elements to the package. Sen. McConnell did cave to some of their requests, but he kept funding for state and local governments out of the bill, which is expected to be voted on in the House of Representatives on Thursday.

For more information, visit FOX News.

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Nation

White House Confirms It Is Looking Into Shutting Down Oil Pipeline Amid Fuel Crisis

Published

5 days ago

November 27, 2021

Staff Writer

The Biden administration confirmed that it is considering shutting down an oil pipeline in Michigan despite the ongoing fuel crisis in the country.

“Revoking the permits for the [Line 5] pipeline that delivers oil from western Canada across Wisconsin, the Great Lakes and Michigan and into Ontario, would please environmentalists who have urged the White House to block fossil fuel infrastructure, but it would aggravate a rift with Canada and could exacerbate a spike in energy prices that Republicans are already using as a political weapon,” Politico Pro reported. “Killing a pipeline while U.S. gasoline prices are the highest in years could be political poison for Biden, who has seen his approval rating crash in recent months.”

Fox News reporter Peter Doocy asked about the report during Monday’s press briefing, asking, “why is the administration now considering shutting down the Line 5 pipeline from Canada to Michigan?”

“So, Peter, that is inaccurate,” Deputy Press Secretary Karine Jean-Pierre claimed. “That is not right. So, any reporting indicating that some decision has been made, again, is not accurate. … So, again, I would — it is inaccurate what you just stated, but —”

“What’s inaccurate?” Doocy asked.

“The reporting about us wanting to shut down the Line 5,” Jean-Pierre said.

“I didn’t say ‘wanting.’ I said, is it being studied right now? Is the administration studying the impact of shutting down the Line 5?”

“Yeah. Yes, we are. We are,” Jean-Pierre admitted.

DOOCY: "Is the administration studying the impact of shutting down the Line 5?"

JEAN-PIERRE: "Yes we are." pic.twitter.com/V5XKhgcmAJ

— Townhall.com (@townhallcom) November 8, 2021

The news comes as gas prices have reached their highest since 2014, when Biden was vice president, and are currently about 50% higher than they were when Biden entered office.