CUOMO TO WASHINGTON: RESOLVE NEW YORK’S BUDGET DEFICIT

Cuomo to Washington: Resolve New York’s budget deficit (buffalonews.com)

ALBANY – Gov. Andrew M. Cuomo on Tuesday unveiled a state budget plan that calls for big spending on education, health care, social services and big tax breaks for certain sectors especially hard hit by the Covid-19 pandemic and economic closure orders.

But, there’s a catch: The ideas will become reality only if the incoming Biden administration and Congress provide the state with a direct aid package totaling $15 billion. If not, big cuts and tax hikes and borrowing are coming, Cuomo warned as released his 2021-22 state budget plan.

Such a level is higher than federal officials have been talking about going to New York in one pot of stimulus money from Washington that Biden and federal lawmakers say will total about $350 billion for all 50 states and local governments across the country.

By: Tom Precious

Continue Reading at buffalonews.com

CUOMO TO WASHINGTON: RESOLVE NEW YORK’S BUDGET DEFICIT Read More »