No the Feds won’t bail you out

2 counties are seeking a fiscal bailout due to covid-19

July 23, 2020 – NO Soundbites Allowed – It appears that the first 2 Counties to fail due to #Covid-19 are now known. They aren’t very similar. Van Buren County, TN is some 30X smaller than Broome County, NY. But coronavirus has assigned both with a dubious accolade.

The answer to the fiscal failure seems to be looking for a federal #bailout. Not just at the County level but also New York State. Per Gov. Cuomo, billions of tax dollars are sought from Congress.

It won’t happen (till it’s too late). We explain why in this video commentary.

Sources:

https://youtu.be/7zGENGXJizU

https://youtu.be/1ooXfvODmf4 http://www.wicz.com/story/42400767/broome-county-facing-massive-budget-crisis

https://www.nysac.org/files/NYSAC%20Report%20-%20Lost%20Revenue%20and%20State%20Aid%20Cuts%20-%20May%207.pdf

https://www.wfla.com/news/u-s-cities-running-out-of-money-due-to-covid-19-pandemic/

https://www.usmayors.org/2020/04/14/cities-report-pandemic-creating-painful-budget-shortfalls-may-force-furloughs-and-layoffs/ https://en.wikipedia.org/wiki/Van_Buren_County,_Tennessee https://en.wikipedia.org/wiki/Broome_County,_New_York

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About the Author

Michael Vass
Born in 1968, a political commentator for over a decade. Has traveled the U.S. and lived in Moscow and Tsblisi, A former stockbroker and 2014 Congressional candidate. Passionate about politics with emphasis on 1st and 2nd Amendments.

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