No Tax Increases, Layoffs in Cuomo's $143B Budget - FOX44 - Burlington / Plattsburgh News, Weather & Sports

No Tax Increases, Layoffs in Cuomo's $143B Budget

Posted: Updated:
ALBANY, N.Y. -

Gov. Andrew Cuomo is sending a nearly $143 billion budget to New York's Legislature.
 
The 2013-14 budget proposal presented Tuesday would be a 5 percent increase over the current spending plan when federal aid for recovery from Superstorm Sandy is included.
 
But without the anticipated federal disaster aid, Cuomo's budget proposal to the Legislature increases spending by less than 2 percent.
 
It includes no tax increases or layoffs but several increased fees and other small revenue raisers.
 
State Comptroller Thomas DiNapoli, however, is already warning that tax revenues in the current $134 billion budget are failing to meet expectations in a slow economic recovery with high unemployment.

Copyright 2013 The Associated Press. All rights reserved.

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WFFF. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.
WFFF FCC Public FileWVNY FCC Public File