Paterson Seeks $800 Million State Buget Cut

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.

The New York Sun

ALBANY, N.Y. — Citing troubles on Wall Street, Governor Paterson is taking the extraordinary step of calling for an $800 million cut in the proposed state budget.

Mr. Paterson wants to cut the almost 5% spending increase in Governor Spitzer’s plan to less than 4%. He also proposed an across-the-board 2% reduction in operating spending for all state agencies.

And the Senate Majority Leader, Joseph Bruno, a Republican, says he would be open to a hiring freeze for state workers. The state has about 1,400 job vacancies right now.

The Assembly Speaker, Sheldon Silver, is seeking a tax increase for New Yorkers who make $1 million or more.

Mr. Bruno rejects any tax increases.

Mr. Paterson and lawmakers are tackling the budget in meetings today.


The New York Sun

© 2025 The New York Sun Company, LLC. All rights reserved.

Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.

The New York Sun

Sign in or  create a free account

or
By continuing you agree to our Privacy Policy and Terms of Use