Written by Rob Lillpopp on March 31, 2009 – 5:27 am
In today’s Buffalo News Kenneth Adams, president of the Business Council of New York State said, “This budget is a road to fiscal ruin,” The story goes on to say -”Gov. David A. Paterson emerged from behind closed doors Monday to defend the state’s newly proposed $131.8 billion budget, but business groups railed against its massive tax hike package as education and health care special interests complained it does not spend enough.
Critics of the 2009 budget rushed to the Capitol and flooded lawmakers’ telephones to try to unravel support, especially those from upstate.
But Paterson, who in a session with reporters appeared to undermine some elements of the plan he had just negotiated, said there were few options for a government that saw its projected deficit leap by billions in just a couple weeks, to $17.7 billion.
“None of this makes sense,” he said of a plan that imposes record tax increases and cuts many popular programs. But he said the choices were difficult and a “shared sacrifice” by all New Yorkers. “This is in response to a crisis,” he said.”
To read the rest of the story click here.
