State budget negotiations are continuing in Albany this week in the run-up to the self-imposed March 21st deadline set by state legislators and Governor Andrew Cuomo.
New York Assemblyman Richard Gottfried, Democrat of Manhattan’s 75th district, spoke with WAMC's Patrick Donges for an update on budget negotiations and the prospects for medical marijuana in the Empire State, a cause he has long championed.
ALBANY, N.Y. (AP) — New York state's comptroller says there are some big question marks in Gov. Andrew Cuomo's budget proposal. Comptroller Thomas DiNapoli says it would increase debt, rely on one-shot revenues, and includes overly optimistic projections of tax revenues.
DiNapoli did credit the budget as a move toward long-term fiscal balance.
Cuomo's $143 billion proposal is boosted by anticipated federal disaster aid. The current budget is $134 billion.
DiNapoli criticized the 2013-14 spending plan for relying on $1.4 billion in temporary revenue.
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.