Assembly Minority Leader Will Barclay
Governor’s Budget Does Not Go Far Enough to Reduce Spending
Last week, Governor Paterson released his proposed budget. It’s the first step in the beginning of the budget process and is the foundation from which lawmakers negotiate before its passage in April. In short, in his budget the Governor proposes to slow the growth of state spending but also proposes approximately $1 billion in new taxes and fees. In this column, I highlight some of the more substantive aspects of his proposal.