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New York Passes 2nd Straight On-Time Budget

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Gov. Andrew Cuomo (file / credit: Governor's Office)

Gov. Andrew Cuomo (file / credit: Governor’s Office)

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ALBANY, N.Y. (AP) — They did it again.

New York’s Senate and Assembly passed the state’s second straight on-time budget.

The $132.5 billion budget was negotiated by Gov. Andrew Cuomo and the Senate Republican and Assembly’s Democratic majorities. It increases spending by 1.9 percent and addresses a nearly $2 billion deficit.

The budget was due by midnight Saturday and will guide state operations through the 20102-13 fiscal year.

The legislation includes a 4 percent increase for schools and for the Medicaid healthcare system.

One of Cuomo’s wins is the $16 billion “New York Works” program intended to create jobs and repair infrastructure.

(Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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