New York Gov. Andrew Cuomo said Wednesday that he did not support the coronavirus stimulus deal reached between the White House and the Senate, saying it would be "terrible" for New York.
"The Senate is considering a $2 trillion bill, which is quote-unquote ‘relief’ for business, individuals and governments," Cuomo said. "It would really be terrible for the state of New York."
"What does it mean for New York state? It means $3.8 billion. $3.8 billion sounds like a lot of money, but we’re looking at a revenue shortfall of [as much as] $15 billion. This response to this virus has probably already cost us $1 billion, and it will probably cost us several billion dollars when we’re done."
"I spoke to our House congressional delegation this morning, I said to them ‘this doesn’t do it.’ I understand the Senate theory and the Republican theory but we need the House to make adjustments," Cuomo said.