State Senator Hugh T. Farley (R, C, I - Schenectady) recently announced the State Senate approved its new State Budget proposal for 2012.
"Last year, I worked together with Governor Andrew Cuomo to pass an on-time budget that closed a $10 billion gap, reduced spending and avoided any new taxes and fees. We also approved a property tax cap and enacted a major middle class income tax cut -- bringing rates to the lowest level in 58 years," Senator Farley said.
We accomplished a great deal in 2011, but we still have lots of work to do to keep New York State moving in the right direction, he said.
The Senate's fiscally responsible budget plan will:
· Keep spending growth under 2% -- even less than what the Governor proposed;