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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMcConnell Delivers Gut Punch to His Home State, Dems Say
Mitch McConnell had a clear message on Wednesday to state and local governments anxiously waiting on Washington for more relief aid to cope with the coronavirus: Dont look at me.
I mean, we all represent states. We all have governors regardless of party who would love to have free money, McConnell told conservative radio host Hugh Hewitt. My guess is their first choice would be for the federal government to borrow money from future generations to send it down to them now so they dont have to do that. Thats not something Im going to be in favor of.
McConnell (R-KY) may be the Senate Majority Leader, a powerful lawmaker tasked with shaping legislation with national concerns in mind. But, as he noted to Hewitt, McConnell does indeed represent a stateand his comments echoed loud and clear there.
It was kind of like a punch in the stomach to read, Joni Jenkins, the Democratic minority leader in Kentuckys state House of Representatives, told The Daily Beast. She explained that Kentucky, like nearly every state and local government in the country, is staring down an unprecedented fiscal squeeze. With normal business and commerce ground to a halt, sales tax revenue is drying up; skyrocketing unemployment rates mean that state income tax revenues will crater, too.
The Kentucky legislature, which just recessed for the year last week, passed a one-year austerity budget in response to the coronavirus economic damage. The functions of government are getting hard-hit: the University of Kentucky, for example, announced this week it faces a $70 million budget shortfall and is furloughing employees.
https://news.yahoo.com/mcconnell-delivers-gut-punch-home-185041098.html
Victor_c3
(3,557 posts)Im hoping I dont need to point out the sarcasm in my headline.
If tax rates would have been kept higher during good years, wed have the money to pay for the stimulus we need now.
Instead, it was important to give huge tax cuts to billionaires and corporations, the same group that recklessly run things into the ground and create the financial crisis we face now. Sure, the virus caused the economy to topple, but it wouldnt have toppled so bad if corporations didnt spends years ladening themselves with huge amounts of debt and buying back stock.
Im getting off topic here, but let the irresponsible corporations fail. All of the stimulus money should go to people making less than the median income and to small businesses. Money should trickle up to the top, not the other way around.
rickyhall
(4,889 posts)Austerity put Hitler in power.
KS Toronado
(17,184 posts)The way big business is grabbing much of the stimulus money for themselves leaving average people broke, when stores open up for business and nobody has extra money to spend, big business will lay off more workers because nobody is buying their stuff. This could lead to a depression if Congress doesn't get smart.
Lonestarblue
(9,959 posts)After all, its easy to say that a rising tide lifts all yachts, oops, that should be boats. They well know that tax cuts for the rich do not stimulate the economy nor result in serious job creation. What I have never understood is why, with forty years of evidence that this policy only impoverishes working people, voters do not see through these lies.
Its clear that if you reduce taxes on poor and middle class workers so that they have another $500 to spend, they will spend most of it on necessities, thus stimulating the economy. If you give a billionaire another million dollars through tax cuts, that person already has everything he or she needs and is unlikely to spend it, so that money does nothing for the economy. Not a difficult concept. Why dont people get it?
Newest Reality
(12,712 posts)There is that good old Republican, trademark projection again. It only goes so far, though, especially if you overdo it.
What you call it? Oh, welfare. It is now obvious to the nation that your state is what you would call a welfare state. It takes far more out of the federal pot than it puts in. So, we tax payers help your state out every single year, (along with other states like that) so that you can do your dirty work and reap what parasites can reap, rather than working on your own issues there by building up and enriching your constituents, (oh, wait, those aren't your REAL constituents, I forgot) rather than lying to them and deflecting and blaming others.
Now, what can you do to find a way of dignity for your state? Oh, maybe your job in representing your people rather than special, vested interests that you seem to be having an affair with, or is that an orgy? Maybe some work? You might want to retract that Grim Reaper statement, as well, because it is really cutting it close now and is no longer a mere metaphor about bills being passed.
Did you buy yourself a Cadillac, too?
Ms. Toad
(34,055 posts)Most states are constitutionally prohibited from "doing that" (i.e. borrowing from future generations), whereas the Federal Government is not.
asiliveandbreathe
(8,203 posts)"My guess is their first choice would be for the federal government to borrow money from future generations to send it down to them now so they dont have to do that. Thats not something Im going to be in favor of.
For me, that argument is like old paint, all dried up..try again..moscow mitch..
Add Kentucky passed a one year austerity budget..okay..seems to me, covid19 beat them to the punch..I do have empathy for the citizens of Kentucky..you get who you vote for..Kentucky needs to vote for change..
DITCH MITCH..vote Amy Mcgrath...
Wellstone ruled
(34,661 posts)is crying in his beer once again. Golly gee whiz,what happened to those hundreds of millions that was suppose to build that Aluminum Plant in Eastern Kentucky and employ all those out of work Coal Diggers?
Moscow Mitch is the King of Back Stabbers.
IronLionZion
(45,405 posts)and start 2 more wars. That's worked out super well so far.
KentuckyWoman
(6,679 posts)China cut us off so we went begging to Vlad for more money. He told us to go sit on a porcupine.
Not a chance the billionaires will hack anything up from all their record profits since taxes were slashed in the 80's . So all ya'll are screwn.
BootinUp
(47,136 posts)Hortensis
(58,785 posts)the residents of states and is meant to benefit them, whether indirectly or directly.
Hermit-The-Prog
(33,309 posts)Hortensis
(58,785 posts)Last edited Sat Apr 25, 2020, 07:59 PM - Edit history (1)
Our house Democrats literally had to keep them from stealing money from aid packages to people in trouble, most of it anyway. They were mostly stymied for fear of not giving cover to the media hiding their misdeeds but required some diverted to the wealthy to allow passage.
Like bandits who control a pass holding up caravans, pay or turn back. Or..., depending on the balance of power.
snort
(2,334 posts)Because of course he is.