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News
Paterson: Deficit Balloons to $10B
by Karen DeWitt
NEW YORK, NY October 30, 2009 —Governor Paterson says the state budget deficit has grown yet again, to a projected $10-billion. Karen DeWitt reports from Albany.
REPORTER: Paterson, following a leaders meeting in which no conclusions were reached, said he intends to go ahead with the special session on November 10, and keep lawmakers in Albany until they figure out how to close the gap.
PATERSON: They'll come back and we'll stay there until we get it done.
REPORTER: Senate Democrats continue to press for a refinancing of the tobacco settlement bonds, a plan Paterson called a phony house of cards. In Albany, I'm Karen DeWitt.
Vote 2009
WNYC provides analysis of the characters and debates of those running for mayor, comptroller, public advocate, district attorney and City Council. Share your election story or gripe and post your comments on the news blog.
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Financial 411
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