Deal Reached on $133 Billion NY Budget
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(ALBANY, N.Y.) -- An agreement has been reached on the $132.5 billion New York State budget for 2012-2013.
The budget deal was announced Tuesday by Governor Andrew Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver. Included under the budget are the establishment of the New York Works Task Force, funding for the MTA capital plan and the creation of a New York State Gaming Commission.
"For the second straight year, New York State has worked and created a balanced budget based on fiscal responsibility, job creation, government efficiency, and the premise that we must invest in our communities," Governor Cuomo said in a statement. "The cornerstone of this budget is the New York Works program, a new and smarter strategy for putting New Yorkers back to work by rebuilding our aging infrastructure and helping put our state's economy back on track, just the way we have put our state government back on track."
Copyright 2012 ABC News Radio
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