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Today's Lead: Budget Deal in Albany

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It isn't a complete budget but legislative leaders and Gov. Andrew Cuomo announced what Cuomo called, "a budget agreement in concept." Leaders have agreed to incrementally increase the minimum wage to $9 an hour by 2016, give households with one child or more under 18 who make $40,000-$300,000 a tax rebate of $350 and extend the millionaires tax for three years. There are also $650 million in tax breaks for businesses. The $135 billion budget plan will age three days and be voted on starting Saturday. Although bills began printing last night not every part of the budget is rock solid--distribution of school aid remains undecided, tweaking the city's marijuana laws was not addressed and neither was tweaks to the state's newly-passed gun laws. Other outstanding issues include providing tuition assistance to undocumented immigrants and a deal to criminalize bath salts. Cuomo said that New York City will not see a restoration of $240 million in school aid it lost when the NYC Department of Education and the city's teachers union failed to reach a deal on teacher evaluations but Speaker Sheldon Silver said the money would be made up for through other channels. If lawmakers pass the budget by April 1st it will be the third on-time budget in a row


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Guest Thursday, 18 December 2014