Analysts see promise, risk in state budget spending

Newsday's Michael Gormley breaks down the New York State budget adopted this month with an $18 billion increase in spending. Some analysts say it could steer New York toward a fiscal cliff, while supporters say it seizes the moment of the financial crisis created by COVID-19 to invest in a better, post-pandemic New York. Credit: Newsday / Michael Gormley/Michael Gormley