Streams

Easing the State Budget Deficit with New Taxes

The cost of driving in New York may go up

Monday, December 08, 2008

New York drivers may be facing higher gasoline taxes, and new tolls on East River bridges, as the state looks for ways of closing a $15 billion budget deficit.

Yesterday, opponents of the new tolls suggested that state officials bail out the Metropolitan Transportation Authority by hiking the gas tax, instead.

Governor Paterson says he liked the idea in addition to the new bridge toll plan.

PATERSON: Finally wind up using all of them. Why will we use all of them? Because of the city's prohibitive deficit and because the state is $15 billion in deficit.

REPORTER: Previously, the governor has insisted on spending cuts first, before raising any taxes.

Paterson is releasing his proposal for the new budget next week, several weeks early, to allow extra time to negotiate ways to close a $15 billion budget gap.

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by