Paterson Unveils Budget Cuts

We'll sift through more of the details tomorrow, but here are the highlights from Governor Paterson's budget cuts: According to NY1, "Reducing the growth of education budget 9% to 5%"--savings of $585 million-- and reducing growth of Medicaid from 2% to 1%--a savings of $572 million. Also, cutting $41 million in aid to NYC and higher education cuts of $115 million. Assembly Speaker Sheldon SIlver and State Comptroller Thomas DiNapoli both praised Paterson's leadership; DiNapoli's press release said, "The economy will probably get worse before it gets better. The sooner we take action to control spending and address the out year budget gaps, the better New York will be in the long run."

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By Jen Chung in News on November 12, 2008 5:46 PM

Comments [rss]

hungryghoast

goodcow, I thought DC payed the most per student in the country? I could be wrong... Either way, another example of how funding isn't necessarily the answer....

goodcow

@1 - Why does NYC spend the most money per student in the country already? The problem isn't the funding the level, the problem is management. The system is failing and needs to be shaken up.

FelixtheCat & Christine Quinn'

cut LGBT funding

Steven

Maybe pay school taxes like the people in the suburbs do for their schools.

Snoopy

My son's graduating in June so I don't care.

Don't cut funding for basketball courts though. Then the crime rate will really go up.

NannyState

Fire everybody and replace them with scabs from the Phillipines. And don't worry about them schoolkids: they'll grow up anyway.

Kojak

Well, the students weren't learning anything anyway. Might as well cut our losses and invest in programs students will need.

Keep Gym though. Way too many fatties