Nancy Pelosi claims New York has received sufficient federal funding: $ 70 billion

Nancy Pelosi claims New York has received sufficient federal funding: $70 billion

Nancy Pelosi, Speaker of the House of Representatives, rejected a claim by her fellow Democrat, Governor Andrew Cuomo, that a $ 50 billion federal aid package for New York was insufficient.

“Unfortunately, we observed more than 1.5 million cases of coronavirus, almost 45 thousand deaths and hundreds of thousands of jobs lost in New York, ” Pelosi responded Thursday in a letter to the Democrats who represent that state before the National Congress . “Please know that your concerns are being addressed in the way they have been presented and with the enthusiastic advocacy of Leader Chuck Schumer and Senator Kirsten Gillibrand.

The letter was first obtained and reported by the Albany Times Union newspaper . In it, Pelosi said that the actual cash the state was going to receive was already closer to $ 70 billion.

“Overall, New York State will receive more than $ 50 billion in state and local funding, and more than $ 20 billion in additional funding to support the health, financial security, and well-being of families,” he wrote.

On Tuesday, the NY Democrats had sent Pelosi a letter asking for more cash. This followed an earlier note from Cuomo to the entire state delegation last week demanding at least $ 15 billion more in aid.

The state bailout will be taken from President Joe Biden’s $ 1.9 trillion coronavirus aid package, which is now making its way through Congress.

Right now, the package provides New York with $ 12.6 billion in funding for coronavirus relief; $ 10.64 billion for local governments; $ 12.3 billion for schools and $ 8.8 billion for the state’s ever-deficient transit system.

New York faces a deficit of $ 63 billion of revenue have plummeted as a result of the coronavirus pandemic, stressed New York Post.