Experts on state policy and fiscal issues analyze the recently passed budget, compare it to past years, and discuss the future of on-time state budgets. Is this year's budget an expansion of Cuomo's agenda or a reassertion of power by the legislature? Our guests this week include E.J. McMahon of the Empire Center for New York State Policy, Frank Mauro of the Fiscal Policy Institute and David Liebschutz Professor at UAlbany Rockefeller College. Watch video above.
After decades of tardiness, Governor Cuomo and the state legislature have passed consecutive on-time budgets. In fact, here in 2012 they passed the first early budget since 1983. In this episode, our panelists discuss whether or not we may have seen the last of the annual late budgets in Albany. They also analyze what is included in this year's budget, what may be left to negotiate later in the year, and Gov. Cuomo's relationship with the legislature. Watch the this week's episode above.
State legislators and Governor Cuomo have been touting the on time budget for the second year in a row that also, for the second time, reigns in spending.
Cuomo admits that most people would view that as lawmakers simply doing their job. But he says in a state that has almost never met the budget deadline for over two decades, it’s a “big deal”.
“For many years it wasn’t done on time,” said Cuomo, who says it became a “metaphor” for the dysfunction in Albany.