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Remember when: Skelos on borrowing last year
As the Republican-led state Senate considers a bill to allow Nassau and Suffolk to borrow as much as $500 million to cover budget deficits, it is a good time to remember the position taken by Senate Majority Leader Dean Skelos (R-Rockville Centre) on borrowing last year when he helped kill a plan for Long Beach to bond $10.5 million to plug a financial hole.
Skelos had introduced the Long Beach borrowing bill, but said after it failed that he only did so "as a courtesy" to the Democrat-controlled city.
Skelos and the senate Republicans do not believe borrowing is a wise way to get out of debt, said Scott Reif, a spokesman for Skelos
"Our position is you get your fiscal house in order through reducing spending," Reif said then.
Senate Republicans opposed bailing out of the Democratic controlled city after Democrats in the State Assembly would not approve borrowing for Nassau, led by Republican County Executive Edward Mangano.