A Closer Look at Gov. Cuomo's Budget Proposal
Wednesday, January 23, 2013
Money for longer school days, an increase in the minimum wage, and more revenue from gambling – these are among the ideas Governor Andrew Cuomo laid out when he detailed his proposed budget of nearly $137 billion Tuesday ($143 billion including federal aid for Sandy recovery). The governor is also calling for a new financing plan for some pensions.
Richard Ravitch is the co-chair of the bipartisan State Budget Crisis Task Force, which he started with former Federal Reserve Chairman Paul Volcker. He joins WNYC’s Amy Eddings to talk about whether the budget proposal is the kind of open book the governor’s been promising, and weigh in on some of Cuomo’s proposals.