
The Debt Ceiling Looms
By THE NEW YORK SUN
|This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

Published:
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The enactment of a state budget traditionally is the starter’s pistol for serious consideration of the New York City budget. And while the budget approved by the state legislature last week still needs to get past Governor Pataki, the news that several key players are discussing tax cuts in connection with the city budget gets the budget debate here off on the right foot. We heard late last week from an aide to David Yassky, a City Council member from Brooklyn, who says that Mr. Yassky, a Democrat, is working with the Council’s Republican leader, James Oddo, and with a business group, the New York City Partnership, in an effort to reduce or eliminate two taxes.

By THE NEW YORK SUN
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By ALEX ZDAN
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By LUKE FUNK
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By ALEX ZDAN
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By BENNY AVNI
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By ROSS ANDERSON
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By ELYSA GARDNER
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By MATTHEW RICE
|The enactment of a state budget traditionally is the starter’s pistol for serious consideration of the New York City budget. And while the budget approved by the state legislature last week still needs to get past Governor Pataki, the news that several key players are discussing tax cuts in connection with the city budget gets the budget debate here off on the right foot. We heard late last week from an aide to David Yassky, a City Council member from Brooklyn, who says that Mr. Yassky, a Democrat, is working with the Council’s Republican leader, James Oddo, and with a business group, the New York City Partnership, in an effort to reduce or eliminate two taxes.
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