ALBANY - New York's senate approved an approximately $136 billion budget that raises the minimum wage to $9 over three years and offers a $350 rebate to families with children, completing the votes a little over two hours before dawn on Wednesday.
The Assembly plans to take a pass at the budget on Thursday. This will be the third time in a row the state will have met its April 1 deadline.
Senator John Flanagan (2nd Senate District) announced that much-needed tax relief for middle-class families, help for job-creating businesses and additional funding for our school children are all included in the recently passed 2013-14 state budget. For the third consecutive year, the budget keeps spending growth below two percent, which is consistent with the local spending cap that applies to school districts and local governments.