Albany, NY – State Senator Michael H. Ranzenhofer has issued the following statement in response to Governor Cuomo’s State of the State:
“By working together in 2011, the State Legislature reduced spending and the size of government, closed a $10 billion deficit without new taxes, and lowered tax rates for the middle class. For 2012, the State Legislature must continue to work together and further build upon its successes of the prior year.
The State Legislature must again close a $3 billion deficit with cuts to spending, not with tax increases. Mandate relief – especially pension and Medicaid reform – must be passed to ensure the property tax cap works for both property taxpayers and local governments. However, the critical goal for this year should be ensuring Albany supports policies and programs that will encourage companies to locate and create jobs in Western New York.
That is why I am encouraged by the Governor’s proposal to provide $1 billion in multi-year economic development incentives for the Buffalo region, to attract major companies to invest billions of dollars and create thousands of jobs in Western New York. I am even more pleased to hear his proposal for a second round of $200 million in competitive grants for our regional economic development councils.
As the 2012 Legislative Session begins, I am hopeful that the Governor and State Legislature can again work together to build on the successes of last year.”