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Paterson Suspends Construction, School Aid

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The New York State budget is late again. And since the state legislature and Governor David Paterson are more than $1 billion apart in their proposals, no quick agreement on the budget is expected.

Governor Paterson is already delaying $2 billion in school aid and suspending hundreds of construction projects until the state has enough cash to pay the bills. A huge influx of funds is expected in the next two weeks as New Yorkers pay their income taxes.

Lawmakers return from their Passover and Easter break on April 7. The state budget has been late in each of the last three years.