Cuomo’s $143B budget would up spending 2%
ALBANY — Gov. Andrew Cuomo on Tuesday backed up the progressive agenda he cheered about in his State of the State speech a week ago with an apparently balanced financial plan that he detailed in the measured tones of a CEO.
Cuomo presented a $137 billion budget that balloons to over $143 billion and a 5 percent spending increase when federal aid for recovery from Superstorm Sandy is included.
Traditional spending without Sandy relief is held to about a 2 percent increase, without tax increases or layoffs. But New Yorkers will face several new and increased fees.