Advertisement
 
Monday, January 26, 2015
Amsterdam, NY ,
Advertisement

NY leaders meet to discuss budget, remain a ways apart

Monday, March 18, 2013 - Updated: 4:31 PM

By MICHAEL GORMLEY

The Associated Press

ALBANY -- Gov. Andrew Cuomo and New York legislative leaders met Sunday in preparation of what they hope will be a Monday announcement of the third straight on-time budget.

However, all sides in the Albany budget negotiations claim they are a good distance apart in their closed-door talks.

Some difficult sticking points include whether to raise the minimum wage of $7.25 an hour to as much as $9, whether to adopt business tax cuts, and the politically dicey proposal to extend a "temporary" income tax increase for the second time.

Sen. Jeffrey Klein, who leads the Independent Democratic Conference which shares leadership of the Senate, said Sunday that no deals were final and there was no agreement on how much the minimum wage would rise.

The Senate Republicans, who share control of the chamber, have opposed a minimum wage hike, but have been open to discussing it in recent weeks. Democrats, including the governor, strongly support the measure.

Negotiations to extend the temporary income tax aimed at millionaires continued, even though the $1.9 billion tax doesn't expire until 2014. That's an election year for Cuomo and the Legislature.

Cuomo said he's simply trying to budget some revenues over a two-year period, to make budgeting more predictable and more efficient.

Cuomo had previously called for extending a business tax about to expire, but the millionaire tax proposal was revealed last week by The Associated Press.

Cuomo and legislative leaders hope to pass the third straight on-time budget, a feat not accomplished since the early 1980s.

The budget would increase state spending just under 2 percent, to about $135 billion, although the total jumps to over $140 billion when one-time federal aid for recovery from Superstorm Sandy is included.

The leaders are shooting for a March 21 budget adoption, which would be the earliest since at least the 1970s.

The 2013-14 state budget is due by April 1.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    Police news in brief
    Friday, January 23, 2015

    Brenda J. Brownell Ward
    Monday, January 19, 2015

    Dissecting AHS girls' hot streak
    Monday, January 19, 2015

    Fired dog controller caught off guard
    Tuesday, January 20, 2015

    The president next door
    Wednesday, January 21, 2015

    Lady Rams run win streak to 10
    Monday, January 19, 2015

    Snowmobiler dies in Friday accident
    Monday, January 19, 2015

    Mayor gets to keep driving the city car, but with new rules of the road
    Wednesday, January 21, 2015

    Mickelson struggles, Adams stars at Humana
    Friday, January 23, 2015

    Amsterdam girls connect on 28 free throws in 63-54 win
    Saturday, January 24, 2015

Advertisement

Copyright © Port Jackson Media

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook