New York Passes 2nd Straight On-Time Budget
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.
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