Smith & President

The intersection of Smith Street and President Street in Carrol Gardens, Brooklyn, New York, U.S.A.

Monday, November 30, 2009

NY Governor: "We Have to Start Making the Deficit Reductions on Our Own"

AP (via Google): Unable to get the Legislature to agree on how to address a $3.2 billion deficit, New York Gov. David Paterson said he's taking $1.6 billion worth of temporary, emergency measures to cover the state's December bills...

"I feel that we have to start making the deficit reductions on our own, hoping the Legislature will join us," Paterson said in a teleconference with reporters on Sunday. "This is the point where other states went off the cliff. This is where they should have acted and didn't."

He referred to even larger deficits in California and other states where officials were forced to borrow long term, miss payments that hurt their credit rating, issue IOUs, layoff workers, release prisoners early and close most libraries.

"Pushing any more problems down the road is unacceptable to me," he said, criticizing the Legislature for lack of action on the deficit since September. "My question is, when are they going to do their job?"


Forward: Dec. 9

+ NYTimes' Select Editorials on New York State Government
Posted by Down the Block at 12:11 PM

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