Tagged: New York State Budget

This is the first state budget for freshman New York State Senator Terry Gipson of the 41st district in the Hudson Valley. The Dutchess County democrat spoke to WAMC’s Brian Shields today on the pros and cons of the budget process. 

After an all night session, the New York State senate approved a $136 billion budget.

The Assembly is planning to vote on the budget tomorrow and if it is passed, it will be the third time in a row the state has met its deadline.

The budget would raise the minimum wage to $9 over three years and offers a $350 rebate to families with children. It includes a tax credit to businesses that pay the new minimum wage and will also increase school aid by about $1 billion.

The New York State Senate finished its work on the state budget in an overnight session at the Capitol.

The governor and legislative leaders decided to abide by the normal procedures and let the budget bills “age” for three days before voting, so that anyone who is interested could read them.  Some of the bills were not printed until Sunday evening, which made them eligible for voting on Wednesday. Senators abided by the letter, if not the spirit of the law.

After weeks of closed-door negotiations, New York Governor Andrew Cuomo and legislative leaders announced late this past Wednesday night that they had reached an agreement on the 2013-2014 state budget.