NY Senate Passes Budget

The state Senate put the final okay on New York's $132 billion budget Friday - three days past the deadline.

The state budget increases spending by $10.5 billion, or 8.7%, and imposes $8 billion in new fees and taxes while closing a record $17.7 billion deficit.

It also repeals much of the tough Rockefeller-era drug laws, adds bottled water to the 5-cent bottle deposit law, and eliminates a property tax rebate check.

State Senator Cathy Young is unhappy with the budget, and voted "no" on all the bills. She says she hopes Governor David Paterson vetoes the bill. He is expected to sign the budget bill.

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