NYS Budget Talks Get Real as Deadline Nears
Monday, March 10, 2014
Budget negotiations are expected to get serious at the New York State Capitol this week, with the spending plan due at the end of the month.
The state Senate and Assembly are due to put out separate budget resolutions Wednesday, the first step toward reaching a final deal with Gov. Andrew Cuomo later this month.
There are a number of unresolved issues, including how to pay for and structure a plan to expand pre-kindergarten for New York’s 4-year-olds. Also, a multi-step plan proposed by Cuomo to freeze property taxes has faced skepticism.
And the governor is also seeking an ethics reform package that would crack down on bribery and allow public financing of political campaigns.
Despite the outstanding differences, Assembly Speaker Sheldon Silver says he does not think that any issue will cause the budget to be late.
“I think everybody in the legislature, both sides of the aisle, in both houses, are committed to a timely budget,” the Manhattan Democrat said.
The fiscal year ends on March 31st.