Senate Majority Leader Mitch McConnell (R-Ky.) said on Wednesday that he supports letting states declare bankruptcy as their budgets face a spending crunch amid the pandemic, rather than go down the road of more federal deficit spending.
“I would certainly be in favor of allowing states to use the bankruptcy route. It saves some cities. And there’s no good reason for it not to be available,” McConnell said in an interview with radio host Hugh Hewitt.
