Biden Vows to Prioritize State Virus Funding
Published Date: 11/19/2020
Source: Bloomberg Quicktake: Now
President-elect Joe Biden says he's hopeful that Republicans in Congress will be more willing to send money to state and local governments after President Donald Trump leaves office. He's promising to make such funding a priority when he takes office in January. Biden suggested Wednesday that Republicans have resisted Democrats' demand for local funding as part of a pandemic-relief package "because of their fear of retribution from the president." Biden says, "Hopefully, when he's gone, they'll be more willing to do what they know should be done, has to be done, in order to save the communities they live in." The comments came as part of a virtual discussion Biden hosted with front-line health care workers from across the country. States are facing massive financial shortfalls as a result of lost tax revenue related to the pandemic that may threaten local health care systems, law enforcement and education. Congressional Democrats and Republicans generally say a new stimulus bill is needed, but they disagree on how much money should go to local governments. States are facing massive financial shortfalls as a result of lost tax revenue related to the pandemic that may threaten local health care systems, law enforcement and education. Congressional Democrats and Republicans generally say a new stimulus bill is needed, but they disagree on how much money should go to local governments. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake