The Turtle Tells the States to File for Bankruptcy

RUSH: The Turtle, the Turtle said today that he doesn’t like this idea of the states being bailed out. He thinks the states ought to be allowed to file for bankruptcy, but bailing out these states like New York, it’s a waste of time and it’s a waste of money. He said some cities have had to file for bankruptcy. Why should the states get bailed out?

And Governor Cuomo, Governor Cuomo — had it for you yesterday — Governor Cuomo at his briefing just said that the state budget of New York is totally dependent on what the federal government gives them. Stop and think about that. And I’ll bet you who’s gonna be next in line is this guy who — you know, I get the mayors and the governors in Illinois confused because the mayor of Chicago actually runs that state. J. B. Pritzker, whoever, they’re gonna be next, and both of these states have pension plans that are in big trouble and they’re gonna use federal money to bail that stuff out.

Governor Cuomo said that his state budget is gonna be whatever he can score out of Trump. Whatever he can get from the federal government is what the New York state budget is gonna be. Whatever the budget was, it’s gone. They don’t have any money.

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