budget

New York News
8:21 am
Fri March 30, 2012

NYS Lawmakers Head for Second Straight On-Time Budget

State lawmakers were headed for an on-time state budget for the second year in a row that keeps spending relatively flat.  They hoped to wrap up voting by late Friday afternoon.  As Karen DeWitt reports, the lack of the usual dramatics surrounding the budget this time is due to preparations that began over a year ago...
 
State legislators and Governor Cuomo have been touting the on time budget for the second year in a row that also, for the second time, reigns in spending.
 

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New York News
9:35 am
Thu March 29, 2012

New York State Budget Elicits Range of Responses

Reaction to the newly agreed upon New York State budget continued to pour in at the State Capitol, as lawmakers began passing the first of a series of budget bills, in the hope of finishing the spending plan by the end of the week.  Capitol Correspondent Karen DeWitt reports...
 
Senate Leader Dean Skelos praised lawmakers and Governor Cuomo, for their work on a budget plan that's likely to be in place by the deadline.
 
"This is a budget that we all can be proud of," Skelos said.
 

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New York News
9:12 am
Thu March 29, 2012

NY Schools, Taxpayers Wary of Tax Cap Budget Hits

The proposed New York state budget being voted on in Albany is a major factor for public school officials and taxpayers headed into a dicey two months preparing and voting on budgets. WAMC's Dave Lucas has more…

Governor Andrew Cuomo and Senate and Assembly majorities agreed on a 4 percent increase in school funding, an $805 million boost in aid that now totals about $21 billion a year.  They’ve also agreed on a law that ties expenses to the inflation rate, driving similar annual increases in future years.

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New York News
8:21 am
Wed March 28, 2012

New York State Budget Winners, Losers

Governor Cuomo gave up some items in the newly announced state budget deal, but so did the legislature. Capitol Correspondent Karen DeWitt takes a look at the winner and losers...
 
The budget that will be adopted by the legislature is largely unchanged from what the governor initially proposed. That's partly because some of the more controversial budget items, like pension reform, were settled separately earlier in the month.  
 
Governor Cuomo, in a briefing to cabinet members, said "I think this is smart, intelligent document."
 

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