Why I Can’t Support More State Borrowing to Balance the Budget

• Posted: Apr 07 2010

I was asked to support Lt. Gov. Ravitch’s plan to fix the state’s fiscal problems, but given the state’s history of budget shell games and uncontrolled spending, I’m just not comfortable with provisions in it that call for up to $2 billion more borrowing each year for the next three years.

• Category: Chamber Perspective
• Tags: Governor Paterson, NY Budget, NY Spending, NYS legislature, Ravitch, Sheldon Silver, Spending, taxes, taxpayers, unshackle upstate