Cuomo Slams GOP Stimulus Plan, Warns Of Steep Budget Cuts

Peter Haskell
July 29, 2020 - 4:15 pm

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    NEW YORK (WCBS 880) — Gov. Andrew Cuomo on Wednesday sounded the alarm about the new stimulus bill proposed by Senate Republicans saying it does not include any state or local aid.

    The governor stresses that if the federal government does not step in to help, there will be no other aid coming.

    “There is no alternative plan,” Cuomo warned.

    The governor is pushing for a bill that would close a $14 billion revenue gap this year and another $16 billion next year. There would be fiscal devastation without the money.

    “We would have to cut 20% from our main funding entities, schools, local governments, hospitals,” Cuomo warned.

    He says without federal aid, the MTA will also be forced to raise fares on subways and buses, tolls on bridges would grow and taxes may increase.

    He called the $1 trillion stimulus package created by Senate Republics inadequate and has sent a letter to the state’s congressional delegation.

    “Don't vote for a bill that's not fair to New York,” he said.

    Democrats in Congress are calling for a $3 trillion stimulus plan, but negotiations have yet to begin.

    The GOP plan calls for a second direct payment of $1,200 to taxpayers but the weekly unemployment benefits will decrease from the current $600 to $200.

    The reduction is meant to be a temporary stand-in as states implement a system that will pay jobless Americans 70% of their prior incomes, Iowa Sen. Chuck Grassley said on Monday.

    Mayor Bill de Blasio agrees with Cuomo and has said the GOP plan just doesn't work, adding it fails places hit hardest by coronavirus like New York City.

    Meanwhile, some have proposed issuing a higher tax on the wealthy to help New York recover from the virus, but the governor says that should be a last resort. 

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