Axios Re:Cap

Letting States Go Bankrupt

With states facing their worst financial crisis since the Great Depression, Senate Majority Leader Mitch McConnell has suggested that he favors states declaring bankruptcy over additional federal aid. Dan is joined by The Atlantic’s David Frum to discuss why creating a bankruptcy process for states appeals to the Republican party. 
PLUS: Cannabis in the age of coronavirus and smartphone makers feel the pain
Learn more about your ad choices. Visit megaphone.fm/adchoices

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. 

Axios Re:Cap is on hiatus until October 2021.