Cuomo watch: Economy taking center stage
There can be no mistaking Gov. Andrew M. Cuomo's increasing focus on the state economy, just two months before he proposes a new budget. He has been sounding the alarm about New York's growing budget gap. Projected at $2.4 billion just a few months ago, it's now $3.5 billion, the governor says.
"The situation is somewhat worse than what you read in the newspapers," Cuomo told the state Democratic Committee Thursday. "We have a problem that's worse than a budget gap. We have a stalled economy."
Halfway into the fiscal year, revenue is about $350 million less than originally projected, he said. (There are legislative estimates both higher and lower than Cuomo's.) Still, jobs are increasing: New York has 63,500 more private-sector jobs than in October 2010, up a modest 0.7 percent. -- Yancey Roy
'A million years isn't enough' NewsdayTV goes behind the scenes of the day Rex Heuermann was sentenced for the Gilgo killings.
'A million years isn't enough' NewsdayTV goes behind the scenes of the day Rex Heuermann was sentenced for the Gilgo killings.
