Gov. Andrew Cuomo is due to deliver his budget address at 2 p.m. Tuesday. The legislature has until the end of March to either approve the plan or submit changes.
According to New York State Comptroller Tom DiNapoli, the Port Authority doesn’t have documentation to support $1.18 billion of its $1.3 billion worth of contracts and agreements.
A Republican former hedge fund manager who says New York’s finances need fixing is challenging the Democratic incumbent who says he’s cleaned up the mess he inherited.
Tom DiNapoli attacked challenger Harry Wilson for being a hedge fund operator. Wilson said his opponent has mismanaged the pension fund for four years.
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