McConnell's refusal to give virus aid to states could cost 4 million jobs

[turbinetree]

By Emily Singer -August 12, 2020 10:20 AM

Budget shortfalls in cities and states across the country could hamper an economic recovery.

Senate Majority Leader Mitch McConnell's refusal to provide coronavirus relief to cities and states facing massive budget shortfalls due to the pandemic could deal a devastating blow to the economic recovery, leading to millions of job losses.

Moody's Analytics told the Wall Street Journal on Wednesday that if Congress does not agree to give more aid to cities and states, the economy would contract by 3% and more than 4 million jobs could be lost.

The coronavirus relief package Senate Republicans introduced last month did not initially include new aid for cities and states. But since releasing the initial coronavirus relief package, Trump administration negotiators have said they are willing to give $150 billion in aid to cities and states.

However, that is far short of the $500 billion in losses Moody's estimated will be lost over the next two fiscal years.

https://americanindependent.com/gop-coronavirus-aid-states-cities-unemployment-economy-covid-19/

And this asshole makes $18,500.00 per month off the taxpayers and all he has done is sold out this country, it's are money asshole.................

November 3, 2020 cannot get here fast enough

[beachbumbob]

1. until polling indicates this is a losing effort for McConnel and trump, expect no movement

[MiniMe]

2. Cities and States need the money, but how many lives is this asshole costing?