New York has paid $116 billion more to the feds than it’s received in federal spending.
“If you want to go to who’s getting bailed out and who paid what, nobody would be bailing out New York state,” Cuomo said at his press conference Monday morning, where he pulled up several slides about states’ contributions to the federal government. “New York state has been bailing them out every year for decades.”
New York is the biggest annual contributor to the federal government, according to Cuomo’s slides. Since 2015, the Empire State has paid $116 billion more to the federal government than it has received in federal spending. In fact, of the top five states that give the most to the feds compared to how much they receive in spending, four states — New York, New Jersey, Connecticut, and California — are headed by Democratic governors.
The third-largest recipient of federal dollars, compared to how much it pays in taxes, is Kentucky, according to Cuomo’s slides.
That’s the home state of Senate Majority Leader Mitch McConnell, who Cuomo beefed with last week after his office circulated a press release with the header, “Stopping Blue State Bailouts.”