Sen. Tillis backs McConnell’s idea to allow struggling states to declare bankruptcy
UPDATED 11:50 AM PT — Sunday, April 26, 2020
Senate Majority Leader Mitch McConnell (R-Ky.) has received some support for his idea to let struggling states file for bankruptcy. On Friday, Sen. Thom Tillis (R-N.C.) told his constituents he is “more or less aligned with McConnell.”
Growing controversy has sparked over the idea of allowing struggling states to declare bankruptcy. Several political figures have questioned its constitutionality.
“There is no level of responsibility associated with that, I don’t care what party you’re in,” stated New Jersey Governor Phil Murphy. “Encouraging, engendering, explicitly almost hoping for bankruptcies of American states in the midst of the biggest health crisis this country has ever faced is completely and utterly irresponsible.”
Earlier this week, McConnell came under fire after he claimed it would be better for states to declare bankruptcy than to rely on federal assistance. Lawmakers from both sides have since criticized his remarks, including various governors nationwide.
The GOP leader also received backlash from lawmakers in his home state.
“I very strongly disagree with him here, as does every other governor in the country, regardless of party,” said Kentucky Governor Andy Beshear. “I hope those comments were off the cuff,…because bankruptcy for a state would be disastrous.”
According to Tillis, states should focus recovery efforts on essential services, like firefighting, law enforcement and schooling. The Republican lawmaker believes poorly run states shouldn’t get taxpayer money, especially if they were struggling before the virus.