NY Deficit Reduction Plan Approved
The New York State Senate has approved a deficit reduction plan that means a savings of $2.7 billion this year.
Senator Cathy Young is not happy with the bill that reached the floor.
"In some areas, it went to far, and in other it didn't go far enough," Young said. "It cut programs for people with disabilities, community colleges and libraries when it wasn't necessary.
She said the plan upstate senators proposed would have cut more spending by reducing bureaucracy and stopping expansion of Medicaid programs, and would have kept other programs in place.
"The state got in this mess because of the disastrous tax-and-spend budget that I strongly opposed earlier this year," Young said. "You could see this train wreck coming from a mile away."
She said the solution to the deficit is rolling back taxes and putting a spending cap in place.
Governor David Paterson said while the plan provides needed savings it falls well short of closing the $3.2 billion budget gap.
Senator Cathy Young is not happy with the bill that reached the floor.
"In some areas, it went to far, and in other it didn't go far enough," Young said. "It cut programs for people with disabilities, community colleges and libraries when it wasn't necessary.
She said the plan upstate senators proposed would have cut more spending by reducing bureaucracy and stopping expansion of Medicaid programs, and would have kept other programs in place.
"The state got in this mess because of the disastrous tax-and-spend budget that I strongly opposed earlier this year," Young said. "You could see this train wreck coming from a mile away."
She said the solution to the deficit is rolling back taxes and putting a spending cap in place.
Governor David Paterson said while the plan provides needed savings it falls well short of closing the $3.2 billion budget gap.
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