(CNSNews.com) - New York Gov. Andrew Cuomo complained Wednesday that the $3.8 billion that his state is poised to get from the Senate’s $3 trillion coronavirus stimulus bill is not enough to address the state’s needs in dealing with the virus.
Senate Majority Leader Mitch McConnell (R-Ky.) announced Tuesday night that Senate Democrats and Republicans reached a deal with the White House for a $3.8 trillion stimulus package. It’s expected to pass on Wednesday.
At a press conference on the state’s handling of the coronavirus, Cuomo said the House bill would have given his state $17 billion, while the Senate bill only offers them $3.8 billion.
“The Senate is also considering a $2 trillion bill, which is ‘relief for businesses, individuals, and governments.’ It would really be terrible for the state of New York, the $2 trillion bill. What does it mean for New York state government? It means $3.8 billion,” the governor said.
Although $3.8 billion “sounds like a lot of money,” Cuomo said, “we're looking at a revenue shortfall of $9 billion, $10 billion, $15 billion. This response to this virus has probably already cost us $1 billion.”
“It will probably cost us several billion dollars when we're done. New York City only gets $1.3 billion from this package. That is a drop in the bucket as to need. I spoke to our House delegation, congressional delegation this morning. I said to them, this doesn't do it. You know, I understand the Senate theory and the Republican theory, but we need the House to make adjustments,” he said.
“In the House bill that went over, New York state got $17 billion. In the Senate bill, we get $3.8 billion,” the governor said.
Cuomo said despite accusations that his state is a “big spending state,” he cut taxes annually.
“We're not a big spending state. I cut taxes every year. I have the lowest growth rate of the state budget in modern political history. Okay. So we are frugal, and we are efficient. I'm telling you, these numbers don't work. I told the House members that we really need their help,” the governor said.