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