New York
Cuomo: State preparing two budget scenarios based on federal aid
ALBANY, N.Y. — Gov. Andrew Cuomo says New York’s Fiscal Year 2022 Executive Budget will be based on how much the state gets in federal aid.
In his budget presentation Tuesday, Cuomo said the state has drafted two scenarios: One where the state receives $6 billion in aid, and one where it receives $15 billion in aid. We’ve been telling you for months, the state is looking to close a nearly $15 billion budget gap, that’s between last year and this year.
Additionally, Cuomo is once again pushing for the legalization of recreational pot, with mobile sports betting also expected to be included. The governor says both would bring in more revenue for the state. Additionally, in his four-part State of the State address last week, he outlined a seven-part plan, which included defeating the coronavirus down to a green economy program, and addressing social injustice, among other topics.
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