regional news
News stories tagged with "spending"
Cuomo calls for fairness in tax code changes
Rensselaer, NY, Dec 06, 2011 — Behind the scenes talks in Albany could result in a revamped state tax code, apparently increasing taxes on the wealthy next year. Governor Cuomo, who is asking for the changes, is also proposing a gambling expansion and other initiatives.
Cuomo promised to "freeze taxes" since his campaign a year ago, is now pushing the changes. The plan would also cut taxes for the middle class.
Cuomo continues to avoid saying he supports a tax hike for the rich. But after a year of strongly opposing a "millionaire tax," Cuomo has said he's open to the idea. As Karen DeWitt reports, the governor hopes the legislature will consider his proposals later this week. Go to full article
Cuomo promised to "freeze taxes" since his campaign a year ago, is now pushing the changes. The plan would also cut taxes for the middle class.
Cuomo continues to avoid saying he supports a tax hike for the rich. But after a year of strongly opposing a "millionaire tax," Cuomo has said he's open to the idea. As Karen DeWitt reports, the governor hopes the legislature will consider his proposals later this week. Go to full article
State tries to figure out real cost of Irene, and how to pay it
Rensselaer, NY, Sep 15, 2011 — Governor Cuomo and his top aides are still trying to assess the cost of all of the damage caused by flooding from storms Irene and Lee. They're also attempting to figure out how much the state will have to pay, and where the money will come from. In Albany, Karen DeWitt has this report. Go to full article
Paterson pushes spending cap
May 05, 2009 — Governor David Paterson is pushing for a mandatory state spending cap that would limit the growth of budgets to the rate of inflation. Karen DeWitt reports. Go to full article
Paterson calls for up to $1 billion in spending cuts
Aug 12, 2008 — Governor David Paterson has recommended a menu of $1 billion dollars in budget cuts that he says the legislature can choose from when it returns August 19th to address the state's financial problems. Albany correspondent Karen DeWitt reports. Go to full article
Business Group Says No to Budget Amendment
Oct 04, 2005 — Voters will be asked in November to decide whether to approve a proposal by the legislature that leading lawmakers say will reform the state's budget process. But opponents are calling it the "runaway spending amendment" and say voters should just say no. Karen DeWitt reports. Go to full article
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