, Columnist
Letting States Declare Bankruptcy Isn't a Dumb Idea
The federal government needs to help states pull through the pandemic, not to make up for irresponsible decisions on pensions.
Antisocialist distancing.
Photographer: Chip Somodevilla/Getty Images
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Senate majority leader Mitch McConnell has not been getting good reviews for his suggestion that state governments be allowed to declare bankruptcy rather than receive federal aid to “bail out” their pensions.
Representative Pete King of New York called McConnell “the Marie Antoinette of the Senate.” Maryland Governor Larry Hogan said that McConnell either regretted his comments or would come to regret them.