Let's see how it works for a few years... before we start lopping away pieces of it.
Albany, NY, Jul 14, 2011 — Governor Cuomo has vetoed a bill that would have allowed school districts to borrow up to $1 billion dollars against the worth of their pension funds, saying the bill would be fiscally irresponsible and reckless, and would undo much of what Cuomo's tried to do with his 2% property tax cap. Karen DeWitt has the details.
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