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October 3, 2008

Governor wants $2 billion in budget cuts

Gov. David Paterson is calling the Legislature back for another budget-cutting session in November.

Crain's NY Business
by Matthew Sollars

Gov. David Paterson is calling the Legislature back for another special budget session on Nov. 18 and has asked Assembly and Senate leaders to submit $2 billion worth of proposed cuts.

At a meeting in New York City this morning to discuss the state’s budget outlook, Mr. Paterson said the economic crisis requires “drastic action.”

article

NoLandGrab: Probably nothing as "drastic" as putting the kibosh on Bruce Ratner and his Atlantic Yards plan, however. Bruce and his mega-project seem to be in some sort of "lock box."

Posted by eric at October 3, 2008 4:49 PM