ALBANY, N.Y. — New York’s leaders are turning to the sales tax and other taxes and fees to balance a budget that’s nearly three months late. Democratic Gov. David Paterson and the Democratic leaders of the Assembly and Senate say their 35-minute closed-door negotiations Wednesday focused on so-called “revenue raisers” that they wouldn’t disclose to reporters. Instead, legislative leaders will...
ALBANY, N.Y. — New York’s leaders are turning to the sales tax and other taxes and fees to balance a budget that’s nearly three months late.
Democratic Gov. David Paterson and the Democratic leaders of the Assembly and Senate say their 35-minute closed-door negotiations Wednesday focused on so-called “revenue raisers” that they wouldn’t disclose to reporters. Instead, legislative leaders will brief rank-and-file lawmakers on details of the talks.
Assembly Speaker Sheldon Silver says he hopes to get a budget passed within days, before Paterson’s deadline of Monday to impose one.
Lawmakers would be forced then to accept Paterson’s budget provisions as part of an emergency spending bill or shut down government. The budget so far includes a big tax increase on cigarettes.