{"id":93261,"date":"2020-10-20T04:14:23","date_gmt":"2020-10-20T01:14:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cuomos-budget-recklessness-is-already-causing-pain\/"},"modified":"2020-10-20T04:14:23","modified_gmt":"2020-10-20T01:14:23","slug":"cuomos-budget-recklessness-is-already-causing-pain","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cuomos-budget-recklessness-is-already-causing-pain\/","title":{"rendered":"#Cuomo\u2019s budget recklessness is already causing pain"},"content":{"rendered":"

“#Cuomo\u2019s budget recklessness is already causing pain<\/strong>”
\n<\/p>\n

\n Gov. Andrew Cuomo claims he\u2019s trying to forestall economic \u201cdamage\u201d by delaying steps to plug the state budget gap, but watchdogs, schools and local governments are right to warn of major pain from his delay itself.<\/p>\n

And, by the way, that gap (Cuomo says it\u2019s $30 billion over two years) isn\u2019t soon vanishing: Monday, Comptroller Tom DiNapoli reported<\/a> sales tax receipts alone are down $2.8 billion this year.<\/p>\n

\u201cI\u2019m not going to do any damage [like budget cuts] to the state\u2019s economy until you tell me that is the last resort,\u201d the gov says. OK, we\u2019ll tell you: \u201cIt\u2019s the last resort, Gov!\u201d<\/p>\n

Cuomo hopes if Joe Biden wins the White House and Democrats take over the Senate they\u2019ll quickly rush him billions to bail him out. Yet \u201ceven if there is a large federal aid package, it\u2019s very unlikely it will cover the whole gap,\u201d warns David Friedfel of the independent Citizens Budget Commission.<\/p>\n

Plus, Biden\u2019s \u201cbudget priorities don\u2019t include permanent rolling bailouts,\u201d adds Empire Center fiscal expert E.J. McMahon.<\/p>\n

And as Cuomo waits, schools, towns and counties might put off necessary steps, causing more hardship later.<\/p>\n

Cuomo\u2019s \u201cdelay has deleterious effects,\u201d argue watchdogs from both sides of the political spectrum (the CBC, the New York Public Interest Research Group, Common Cause, Reinvent Albany and the League of Women Voters). \u201cRecipients of state funding may be delaying actions that they should be taking now.\u201d<\/p>\n

Cuomo, to his credit, has curbed outlays somewhat already but fears backlash if he goes further. Trouble is, there\u2019s just no way to avoid more hits from the budget ax; the longer he waits, the worse it\u2019ll be.<\/p>\n

Besides, didn\u2019t he just write a book on leadership?\n <\/p><\/div>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Cuomo\u2019s budget recklessness is already causing pain” Gov. Andrew Cuomo claims he\u2019s trying to forestall economic \u201cdamage\u201d by delaying steps to plug the state budget gap, but watchdogs, schools and local governments are right to warn of major pain from his delay itself. And, by the way, that gap (Cuomo says it\u2019s $30 billion over…<\/p>\n","protected":false},"author":1,"featured_media":93262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/092019CUOMO_RM.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[76303,70430,51697,10701,5069,43,991],"class_list":["post-93261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-19-20","tag-andrew-cuomo","tag-budget","tag-democrats","tag-economy","tag-editorial","tag-joe-biden"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/93261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=93261"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/93261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/93262"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=93261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=93261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=93261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}