Possibly the worst budget in New York State history just got more bad news, revenues cannot support the foolishness of the Democrats increase in their spending of nearly 10% this year.
A fiscally irresponsible budget that did little in the way of spending cuts and a lot in the way of increased taxes is at a crossroads and the so called leaders of this state will have to find ways to perhaps actually cut spending, or continue to do what they do best - raise taxes.
Faux conservative Governor David Paterson now wants to set a mandatory spending limit on state spending, but that appears just a political attempt to raise his sagging poll numbers. If he was serious he would have imposed it on the budget this year, no legislation should be necessary to do the right thing.
Tax and spend Democrats in the Senate are opposed to spending limits, if they were serious about controlling spending, legislation like this would not bother them.
One Democratic Senator who understood the plight of taxpayers in this state or finances could have voted no on this budget and single handedly stopped this bad budget.
More bad news on state budget or
Revenue fell 44% or
It's worse than we thought