The New York Times reports that New York Governor Andrew Cuomo is finalizing a deal with legislative leaders to extend a high-tax bracket for wealthy New Yorkers.
The bracket applies to individuals making more than $1 million and married couples making more than $2 million. The measure was first approved in late 2011 and would have expired at the end of the 2014 election year, but, lawmakers are now talking about extending the bracket through 2017.
New York Governor Andrew Cuomo and legislative leaders reached a tentative deal last night increasing the state minimum wage over the next three years to $9-an-hour.
The Daily News reports that under the emerging agreement, the current $7.25 hourly minimum wage would increase in stages — to $8-an-hour in January; to $8.75 at the beginning of 2015; and topping off at $9-an-hour by the end of 2015. Meanwhile, Calling it a ploy by politicians in Albany, critics are blasting a proposal to extend a temporary income tax hike for millionaires.
New York Governor Andrew Cuomo says he hasn't decided if he supports a proposal that would create a 65th campus in the State University of New York that would be devoted to the growing field of nano science.
Cuomo says he doesn't have any "inside information" on the proposal and has no firm opinion.
Today's Siena poll brings some bad news for Gov. Andrew Cuomo, finding his job approval rating has continued its downward trajectory and bottomed out at 54 percent - its lowest point since he took office in January 2011.
Things aren't completely cloudy for the governor, however. His favorability rating is better than two-to-one, ND well above that magic 50 percent mark.
Also, New Yorkers broadly support Cuomo's top legislative agenda items this year.
On Tuesday Gov. Andrew Cuomo held the districts up as models for the rest of the state, while promising them $12 million in competitive grants over the next three years.
Rochester is the biggest winner, receiving $4.5 million for identifying $9.5 million in savings. Newburgh and Kenmore-Tonawanda will each get $3.6 million for finding nearly $6 million in savings and Queensbury is being awarded $561,000 for finding $624,000 in savings.
An oil and gas industry group is warning that a business exodus from New York will worsen while Gov. Andrew Cuomo waits for a Pennsylvania health study before deciding whether to allow fracking.
Meanwhile, landowners are preparing to sue the state over lost gas-leasing opportunities.
The Associated Press reported Saturday that Cuomo came close to approving a limited drilling plan last month before environmentalist and former brother-in-law Robert Kennedy Jr. persuaded him to await a new study.