NY's New Spending Bill Vote Set for Monday

Friday, June 11, 2010

NEW YORK - MARCH 08: New York Governor David Paterson sits during a town hall meeting at Borough Hall March 8, 2010 in the Brooklyn borough of New York City. NEW YORK - MARCH 08: New York Governor David Paterson sits during a town hall meeting at Borough Hall March 8, 2010 in the Brooklyn borough of New York City. (Getty)

Gov. David Paterson's latest emergency spending bill is calling for more than $300 million in spending cuts.  A vote on the bill is scheduled for Monday and may result in a state government shut down. 

The Governor's bill was expected to include cuts in human service programs in the face of billions of dollars of state deficit and a budget that is more than two months late.

The Democrats need every vote in their thin majority to pass the budget extender to keep the government operating.  Bronx State Democratic Senator Pedro Espada says proposed cuts by Governor Paterson go too far. He is urging the state to find new money sources.  Espada says he also thinks the state should consider raising taxes on the wealthiest New Yorkers.  

The Governor has resisted calls to raise taxes and he opposes borrowing money, but last week he said he hasn't completely ruled it out. Governor Paterson says there will be "chaos" if New York lawmakers reject his latest emergency budget extender, and close down state government. 

The bill was negotiated with legislative leaders today and more discussion is expected over the weekend.

THIS ARTICLE HAS BEEN UPDATED: Governor Paterson is calling for more than $300 million in spending cuts in his latest emergency spending bill.

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