Politics on the Hudson

Political news in the Lower Hudson Valley, New York state.


Gov. not planning layoffs, tax hikes

Posted by: Cara Matthews - Posted in David Paterson, State budget, state legislature, taxes on Oct 07, 2008

   Gov. David Paterson, speaking on an Albany radio news show this hour, said he’s not planning any tax hikes or layoffs of state workers to help get New York out of its fiscal crisis.

   But, he added, “I’m not ruling out anything because I don’t know what the future holds.”

   The governor has called lawmakers back into session next month to cut an additional $2 billion out of this year’s state budget. State officials will have to make cuts in next year’s budget without raising taxes, Paterson said. Budget officials are anticipating a budget gap of $8 billion next year.

   The governor said he’s not trying to be all gloom and doom; he’s just trying to forewarn the public. “I’d like people to be prepared for what we’re in for, for what we’re going to face,” he said.

 
 
 
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One Response to “Gov. not planning layoffs, tax hikes”


  1. ed1

    No tax hikes nor lay-offs. What’s the alternative – cutting aid to municipalities and forcing local taxes up? Or maybe NY State will just start printing its own money.



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