New York governor warns against paying ‘greedy corporations’ in stimulus bill

US News

FILE PHOTO: New York Governor Andrew Cuomo speaks at his daily briefing at New York Medical College during the outbreak of the coronavirus disease (COVID-19) in Valhalla, New York, U.S., May 7, 2020. REUTERS/Mike Segar

(Reuters) – New York Governor Andrew Cuomo on Tuesday called on Congress to craft a federal stimulus package that funds police officers, teachers and other employees of the states and warned against a repeat of the corporate-focused bailouts after the 2008 financial crisis.

“Don’t do it again,” Cuomo said at a daily briefing, referring to the 2008 federal bailouts which big banks used in part to pay large bonuses to executives. “No handouts to greedy corporations, no political pork and no partisanship.”

reporting by Nathan Layne in Wilton, Connecticut, Maria Caspani in New York and Rajesh Kumar Singh in Chicago; Editing by Chizu Nomiyama

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