Cuomo speaks on passage of New York State budget agreement
Yesterday, New York State Governor Andrew Cuomo spoke about the budget that was passed in New York earlier this week, despite it being several days late.
The $212 billion spending plan was an agreement between leaders from the state Assembly, Senate, and Governor’s office.
The plan,reached a week past the April 1 deadline increases spending 9% over last year, hikes taxes on the wealthy, legalizes mobile sports betting, includes a $3 Billion dollar increase in aid to schools and provides billions for illegal immigrants.
Final details in the agreement have not yet been made public- the deal is viewed as a long-term recovery solution from the COVID-19 pandemic.
The delay in the budget agreement also means some 39,000 state employees may not get paid today.
State Comptroller Thomas DiNapoli said last week if the budget wasn’t settled by Monday checks and direct deposits for thos eon the State’s payrolls could be delayed by at least a day.
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