30
Mar
2014

VIDEO: New York Lawmakers, Governor Cuomo, Strike Budget Deal Before Monday Vote

Before a planned vote on Monday, New York legislators and Governor Andrew Cuomo reached a deal on the state’s 2014-2015 budget after several weeks of negotiating behind closed doors, according to state officials. Governor Cuomo said on Saturday that the budget keeps growth in all funds spending below 2 percent at $137.9 billion and provides funding for statewide pre-kindergarten programs. It also cuts business taxes and introduces property tax relief for homeowners. The agreement comes after budget bills were printed late on Friday night, allowing lawmakers to vote on the plan on Monday, the last day of the state’s financial year.

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