State and local governments say that they may need around three-quarters of a trillion dollars from the federal government as the coronavirus pandemic dries up many of their revenue sources.
, Sens. Bill Cassidy, R-La., and Bob Menendez, D-N.J., unveiled a legislative proposal for $500 billion in state and local funding.
In three Rust Belt states, Govs. Gretchen Whitmer of Michigan, Tom Wolf of Pennsylvania and Tony Evers of Wisconsin, all Democrats, wrote to President Donald Trump"Without this leadership, the damage to our state economies will be exacerbated by the cuts we know we will be forced to make," they said.
In a letter to senators, Schumer said he was"disappointed" the funding was not part of the upcoming bill but added that"as a part of this agreement, we were able to secure a commitment from Secretary Mnuchin that he will support additional state and local relief in the next COVID-19 legislation, as well as a provision providing the flexibility to use all past and future relief dollars to offset lost revenues.
Asked what she'd say to those who think such a massive price-tag is too much, Whaley pointed to the total percentage of the workforce that state and local governments employ."You want to talk about a drag on the economy, have state and locals be out of business," she said.
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