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Albany Must Act to Lower Deficit, Comptroller Warns

Albany : NY : USA | about 1 month ago  
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  • New York City Governor Paterson and New York City Comptroller Thompson attend a demonstration outside the U.N. 64th General Assembly in New York
    New York City Governor Paterson and New York City Comptroller Thompson ...
    Source: Reuters
New York City Governor Paterson and New York City Comptroller Thompson ...
Deteriorating economic factors have propelled New York State’s projected budget deficit to $4.1 billion, according to the state’s comptroller , who warned on Wednesday that state leaders needed to do more to address an increasingly dire situation. “Most New Yorkers understand they cannot...
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  • News Source: Uinta County News | about 1 month ago
    New York Gov. David Paterson proposed a plan to erase the state’s $3 billion budget deficit today that will not directly raise taxes. Paterson’s plan relies primarily on cuts in state operations, Medicaid reimbursements to hospitals,...
  • News Source: Uinta County News | about 1 month ago
    N.Y. (AP) — Gov. David Paterson is proposing a $5 billion plan to reduce New York's deepening deficits with across-the-board cuts over two years. Paterson wants a state spending cap, a cut up to 4.5 percent in this year's remaining school aid and a...
  • News Source: Androscoggin News | about 1 month ago
    Gov. David Paterson plans deep, painful spending cuts to deal with a growing state budget deficit, while calling out the Legislature to join in the difficult task. Paterson is scheduled to release his plan Thursday afternoon. New York State...
  • News Source: The New York Times | about 1 month ago
    Deteriorating economic factors have propelled New York State’s projected budget deficit to $4.1 billion, according to the state’s comptroller , who warned on Wednesday that state leaders needed to do more to address an increasingly dire situation.
Blogs
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  • Blog Source: statepolitics.lohudblogs.com
    In another sign of the state's fiscal problems, Comptroller Thomas DiNapoli warned today that the state's mid-year budget deficit could grow by another $1. ... David Paterson on Thursday will unveil his plan to close the gap, which he has indicated
  • Blog Source: blog.timesunion.com
    Governor David A. Paterson today outlined a two-year, $5.0 billion Deficit Reduction Plan that would eliminate the State's current-year budget gap without raising taxes, as well as institute major structural reforms — such as Tier V ...
  • Blog Source: statepolitics.lohudblogs.com
    Comptroller Thomas DiNapoli is expected later today to further discuss the state's gloomy financial picture. Paterson said lawmakers should not delay in making cuts, saying New York has avoided the steps other states have had to taken, ...
  • Blog Source: statepolitics.lohudblogs.com
    “If the Legislature does not work with me to address the budget deficit, it will become increasingly difficult to enact a necessary and affordable road and bridge plan for New York,” Paterson said. “We cannot afford a multi-year plan ...
  • Blog Source: polhudson.lohudblogs.com
    Legislative aides met with Paterson's staff this morning in Albany to discuss the budget, but officials said  Paterson did not present his plan to them. Still, that didn't stop him from knocking the Legislature for not taking the ... Comptroller
  • Blog Source: blog.timesunion.com
    Senate Republicans are having a “We told you so” moment regarding the ever-deteriorating state budget, which according to Comptroller Tom DiNapoli is now on track to run at a $4.1 billion deficit rather than the $3 billion that Gov. David
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