Governor Cuomo: "You're not bailing out New York, New York has bailed you out every year it's bailed you out. Mitch McConnell is a taker, not a giver. New York is a state of givers. We put more money into the federal pot every year. We're the number one state in donating to the federal pot. Number one. Kentucky is the number three state in taking from the federal pot. They take out more from the federal pot than they put in. Every year. Every year."
AUDIO of today's remarks is available here.
A rush transcript of the Governor's remarks is available below:
Question: Does the revenue shortfall open the doors for you to institute a cut to local governments, to schools? Do you intend on invoking that power and what kind of cuts should those entities expect?
Governor Cuomo: We're looking at that now. We don't have a decision now, but I'll tell you the truth. I said to the federal government, I've been talking about this for how long, two months. Two months. I said how can you have a federal government in a position where they're not going to provide funding to state governments and local governments? Small business, airlines, business program, now some of these large corporations now apparently have been taking money from the government programs and they're not funding state and local.
When you don't fund state and local, you know who you don't fund? Police, fire, school teachers, school officials. What was the possible theory of funding large corporations but not firefighters and not police? And not health care workers. It boggles the mind. All they said was "don't worry." Don't worry, we're going to do it in the next bill. We're going to do it in the next bill. I said to our Congressional delegation, I said to our Senators Schumer and Gillibrand, don't pass this past bill that they just did, unless you have state and local funding because they're not going to do it. "Don't worry, don't worry," They're not going to do it.
As soon as the Senate acts, McConnell turns around and says, "Oh I'm not going to do it, the state should declare bankruptcy." Bail out to the blue states. Bail out to the blue states. Again, the most un-American, uncharitable, ugly statement of all time. Yes, New York had more coronavirus cases than Kentucky. You know why? The flights from Europe land in New York. The flights were not landing in Kentucky. That's why we have the coronavirus cases. That's what the researchers now found two months later. That the virus went from China, to Europe, got on a plane and came here. And, by the way, the virus probably got on a plane in China and came here, but China maybe landed in California. The European flights landed here. That's why New York has the coronavirus cases.
Bail out New York. You're not bailing out New York, New York has bailed you out every year it's bailed you out. Mitch McConnell is a taker, not a giver. New York is a state of givers. We put more money into the federal pot every year. We're the number one state in donating to the federal pot. Number one. Kentucky is the number three state in taking from the federal pot. They take out more from the federal pot than they put in. Every year. Every year.
This is America. States, one federal pot, you put in what you can and the states that need it, take it. Okay, so for every year, New York was the number one donor state putting in more money than it took out. Putting in more money than anyone else and taking out less. Number one donor state. Kentucky, every year, was the number three state that took out more than they put in. So we were putting money into the pot, they were taking our dollars out of the pot.
Now, he wants to look at New York and say, "We're bailing you out." You're bailing us out. Just give me my money back, Senator. Just give me my money back. It's just ridiculous. "They should declare bankruptcy." Okay, Senator, pass the bill that authorizes state to declare bankruptcy. Sign the bill, Mr. President.
Economy is coming back, we're doing great. Pent up demand. Stock market wants to take off. Good. Pass a bill allowing states to be bankrupt and then let's watch how the stock market takes off at that great news about our economic resilience.