Politico: Cuomo’s ask: Up to $60B in unrestricted federal aid


News

May 8, 2020

“Gov. Andrew Cuomo has placed a dollar amount on his pleas for funding from Congress to offset pandemic-related economic losses: He wants up to $60 billion in unrestricted aid. That figure, which the budget division released on Thursday, would account for 12 percent of the $500 billion the nation’s governors have requested. “Every state in the nation joins New York State in facing a fiscal crisis and in New York it comes following a decade of unprecedented economic growth and the creation of a record number of jobs,” budget spokesman Freeman Klopott said in a statement to POLITICO. “New York, California, Illinois and Michigan represent about one-third of U.S. economic output, and supporting our states will be critical to our ability to lead the national economic recovery.””

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