Another Day Without A Budget

Time keeps passing by as taxpayers sit and wonder what is in store for their wallets once the frenzy of activity in Albany, called a budget session is over. The budget is not on time, nor does it appear forthcoming in the next couple of days and as time passes more of New Yorker's hard earned dollars are going to be spent.

Areas of hold up for the budget, which was due April 1, include congestion pricing and education funding. Funding for SUNY and CUNY which is typically a 70-30 split, but Democrats favor increasing spending for CUNY over SUNY with a 60-40 split which will affect campus' such as Potsdam and Oswego.

This is no way to run government and comments like such as this by E.J McMahon is enough to scare any average person who manages their own fiscal matters.

"They have no financial plan in front of them. They literally have no idea what they are doing in terms of the big picture."

McMahon estimates actual spending will rise from the reported 4.4% to a 6% increase when this process is complete. The current state of the economy and what is projected, the state taxpayers cannot afford even the 4.4%, and by many accounts the legislature will be back later this year paring the spending down

"While other states have responded to the challenges of a stagnant national economy with significantly reduced spending, New York instead is increasing spending in the coming fiscal year at a rate much higher than inflation," said Kenneth Adams

Democratic Comptroller DiNapoli, a former Member of the Assembly, was even making a plea to reduce spending and referred to himself as a "reformed sinner". What does that say about our budgets and this process.