State and local governments: you know all the talk from Mitch McConnell about state and local governments using bankruptcy rather than receiving federal assista

State and local governments: you know all the talk from Mitch McConnell about state and local governments using bankruptcy rather than receiving federal assistance? It’s because the budgets of many of them, which rely heavily on gas, property and sales taxes, have been blown apart while they are spending money left and right on the crisis. Seattle alone has a $300M budget gap as of now.