Gov. Andrew M. Cuomo spoke about his $142.6 billion budget proposal on Tuesday in Albany.
By DANNY HAKIM and THOMAS KAPLAN
Published: January 22, 2013
ALBANY — Gov. Andrew M. Cuomo proposed on Tuesday to balance the state budget with a combination of spending cuts, gambling revenue, and new or extended taxes and fees.
Over all, the proposed $142.6 billion budget represents a 5.3 percent increase over the current one, but much of the increase will be covered by federal money provided for the recovery from Hurricane Sandy and the enactment of the health care law championed by President Obama. The increase in state operating funds would be held to 1.6 percent, if the Legislature approves the governor’s plan.
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