WAMC New York News
(2009-10-15)
Listen Now:
paterson
Paterson wants a state spending cap, a cut up to 4.5 percent in this year's remaining school aid and a pension plan for new state workers that's less costly than benefits for current and past employees.
The Democrat says the state would save $9.3 billion over five years under his plan.
"This is a very painful plan, but we will share the burden. This budget deficit has affected all of us and all of us are going to have to sacrafice in order to save our state," Paterson said Thursday.
Paterson is not calling for any tax or fee increases.
The proposal now goes to the legislature, which would have to approve any cuts to education, health care, public safety and other politically sensitive areas.
Paterson and lawmakers agreed on a $131.8 billion budget in april that included more than $4 billion in tax increases and relied on temporary federal stimulus funds.
You can listen to Paterson's entire comments at the link above. © Copyright 2012, wned
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