Results tagged “New York” from Capital Outsider

Three time Capital Outsider guest Warren Redlich is considering running for Governor of NY.

Governor Eliot Spitzer's State of the State address last Wednesday (January 9th) was long on goals and short on ways to accomplish them. He did say that there would be no new taxes. He acknowledged that the general economic situation was not good but made no reference to the budget deficit of $4 billion that the state faces this year.

How he plans to pay for achieving the goals he set out will have to wait until he presents his budget on January 22. Whether it will "adapt to fiscal realities" exhibit the "hard choices" and indicate a willingness to "live within our mean" will have to wait for then.

One thing is sure however, new programs in the areas of education, heath care, housing, public safety will be costly and unless the Governor is willing to recommend and the legislature will adopt cuts in other programs; the burden of such new programs will be passed on to the people of New York State in one form or another.