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Dueling on the Deficit
October 15th, 2009

Gov. David Paterson has yet to officially unveil his plan to reduce the state’s growing budget deficit but legislators are already attacking it.

Assembly Speaker Sheldon Silver told the New York Post that Paterson’s proposal is a “worse case scenario” and Sen. Carl Kruger told the Daily News that Paterson might be trying to “create a doomsday atmosphere.” Both men said that there are signs that the economy is improving.

Kruger also promised to have the Senate Finance staff take the next two weeks to dissect Paterson’s proposal.

Comptroller Thomas DiNapoli announced yesterday that he expects the budget gap to actually increase to around $4.1 billion by the end of the year.

Paterson is set to unveil $2.5 billion in budget cuts that is said to include large cuts in school and health care funding

By David King on October 15, 2009, 12:24 pm
In category: Albany, Eye on Albany | No Comments »

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