April 10, 2008
Albany Passes $121.7 Billion Budget
Bigger isn't always better, warned Governor David Paterson. Yesterday, Albany lawmakers passed a $121.7 billion budget, which is 6% bigger than last year. The Times Union calls it a "Budget built on borrowing, fees."
Paterson says the slowing economy will require a "change in culture and a change in course of where this state's priorities are...We're running out of time thinking we can tax our way into the future."
But State Senate Majority Leader Joseph Bruno emphasized that spending was necessary for the state to remain competitive--the Sun included this excellent Bruno quote, "New York State is the Empire State because we afford a quality of life. So, yes, you could crater. You could scorch and burn, and you could watch the people leave the state to where they have a more comfortable place."
The NY Times' analysis of the budget process calls Paterson a "phantom presence." The budget helps NYC by adding $643 million to city school funding. Mayor Bloomberg called it "good news for our City" with a "few glaring exceptions," namely the Assembly's refusal to vote on congestion pricing and the decision not to tie teacher tenure to student test scores.




In the budget, New York wants online merchants who don't have a physical presence in the state to charge sales tax now eg amazon.com, buy.com, newegg.com. Is this really going to happen?
Ah, the beauty of a compliant State Governor.
The Assembly didn't vote for congestion pricing because the Bush administration wants to end Federal funding for mass transit and highways and have the local governments pay for it or have it privatized. Maybe they should have voted to gain some closure? But, none the less, the Assembly did debate on congestion pricing and the outcome was it would not pass.
why did the budget grow another 6%?! These clowns cannot get spending under control (i.e salary cuts, service cuts and particularly personnel cuts - you know difficult things, not shuffling things around). They are taxing people and businesses out of the state at an alarming pace.
Wow, that's 25 million tricks for Elliott! He's really missing out here!