Governor Cuomo last week unveiled his proposed $140-plus billion budget for New York State. The goals of the governor’s budget were to close a $1 to $2 billion deficit without raising taxes, as well as to offer his blueprint for spending federal dollars expected to flow to New York to rebuild after Superstorm Sandy.
On the health front, there was some good news: the governor proposed full implementation of the federal health care reform law – aka Obamacare – and to expand Medicaid coverage to tens of thousands of uninsured New Yorkers.
Governor Andrew Cuomo is set to detail his budget proposals for the state's 2013-2014 fiscal year beginning April 1. He's expected to propose about $132 billion in spending and attack a deficit of at least $1 billion.
When Governor Cuomo takes the wraps off his budget for 2013, he'll explain how programs he announced earlier this month in his State of the State message will be funded. Cuomo is NOT expected to propose a tax hike to pay for the initiatives and to close the budget deficit. The Governor has promised that his budget address will be notable for its lack of surprises.