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Cuomo won't budge on millionaires' tax

Monday, November 14, 2011 - 12:13 PM

In a radio interview with Capitol Press Room's Susan Arbetter, Governor Andrew Cuomo stated in no uncertain terms that the new gaps in the budget wouldn't be resolved by extending the millionaires' tax.

"That's my position," Cuomo stated, eluding to his opposition to extending the tax without saying so directly. "Im trying to deal with the hole we have today."

That hole means an additional billion or so dollar gap in next year's budget, and a $350 million shortfall in this year's. The Governor said today's budget report numbers weren't set in stone, but that concrete steps would need to be taken soon. But, for now, he said things will be looked at as provisional.

"I am not taking any dramatic action on these numbers," Cuomo said.

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