Paterson Seeks to Cap State Spending
Tuesday, May 05, 2009
New York, NY —
Governor Paterson wants the legislature to enact a cap on state spending. Karen DeWitt has more from Albany.
REPORTER: Governor David Paterson says a mandatory spending cap, tied to the rate of the inflation, is the only way the governor and legislature can reign in what he says is out of control state spending.
PATERSON: We'll be sending a message around the state. When school districts realize that they may get a little less, they may be a lot more careful and scrupulous as to how they use their resources.
REPORTER: Republicans in the Senate who first proposed the idea, say they wish the governor had been for a spending cap when the recent state budget was agreed upon. It raised spending by over $10 billion. several times the rate of inflation. In Albany, I'm Karen DeWitt.