A Daily News editorial take a closer look at how state lawmaker are making you dig deeper in to your pockets to pay for their spending habits.

“The fiscal monstrosity that state lawmakers finally finished birthing Tuesday night - four months and three days late - hardly deserves to be called a budget.

An honest attempt to address a fiscal crisis - and put New York on a healthy financial path in the long term - this is not.

It’s a classic Albany patch job, built on gimmicks, IOUs, fantasy revenues and, worst of all tax and fee hikes no New Yorker can escape. And, that will slam the working and middle classes.

Rather than grapple with long-term reform - like defusing the pension bomb by switching government workers to 401(k)-type retirement accounts - Gov. Paterson, Assembly Speaker Sheldon Silver and Senate Democratic chief John Sampson slapped a tax on clothing purchases of less than $110.”

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