Governor Cuomo says he thinks the state can afford a tax cut next year, despite a projected $1 billion dollar budget gap.
Governor Cuomo says he’s been holding down spending during his first three years in office, with an average growth rate of 2% per year, compared to an annual 10% increase before he was governor. He says he expects enough money can be freed up to finance some kind of tax reductions during 2014.
“I believe we’re going to have revenue at the end of this year that we can be talking about a tax cut next year,” said Cuomo. “That’s very exciting.”
A corruption commission appointed by Governor Cuomo has voted to issue subpoenas to some members of the legislature to force them to disclose money paid to them by private law clients.
The Moreland Commission wrote letters to state Senators and Assemblymembers who make more than $20,000 a year from outside legal clients, a figure that includes all of the major party legislative leaders. The legislature hired attorneys, who said no.