In the past two years, we have begun to turn a corner in New York State, and certain components of Governor Cuomo’s State Budget proposal announced today—such as his pledge to rein in spending and not to implement any new taxes or fees—will help to continue this trend of fiscal responsibility.
Job creation is my top priority, and I was pleased to hear that there will be significant investments the creation of employment opportunities for New Yorkers looking to head back to work. As announced today, the inclusion of $150 million for a third round of Regional Economic Development Council funding will build on the success of this program and help spur the economies in Central and Northern New York.
Ritchie Applauds Governor’s Support for Upstate Agriculture
State Senator Patty Ritchie is applauding Governor Cuomo’s continued commitment to New York State’s agriculture industry and Upstate farming as evidenced in the Executive Budget proposal outlined on Tuesday.
“Here in New York State our hardworking farmers are the backbone of our workforce and agriculture is the cornerstone of our economy,” said Senator Ritchie.
“I am pleased that Governor Cuomo is recognizing the important—and critical—role agriculture plays. His funding of agriculture in the Executive Budget proposal sends a message that this industry is a key part of our efforts to revitalize New York State’s economy.”
The 2014-2015 State Budget address delivered today by Governor Cuomo puts New York State in a great position to build upon the work we have done in recent years to control spending, cut taxes and invest in initiatives that create new jobs and revitalize our economy.
Working together, we have put a stop to the decades of late and unbalanced budgets by passing three consecutive early budgets. I am hopeful that this year we can continue that trend.
It was two years ago when Senate Republicans led the fight to pass a property tax cap that helped to rein in burdensome property taxes and reduced middle-class tax rates to their lowest levels in 60 years. This year, I’m eager to provide continued tax relief to hardworking New Yorkers by making the property tax cap and middle-class tax cuts permanent.
In addition, it’s also key that we work to continue to cut red tape and foster an environment that enables businesses to expand and create jobs. In order to do so, we should work to eliminate corporate taxes for manufacturers and do away with the onerous energy tax surcharge to promote business growth.
Plan Eliminates the Aid-Cutting GEA Gimmick, Helps More Families Pay for College
Senator Patty Ritchie announced that the Senate’s proposed budget plan would hike aid to schools by $1.9 billion, and completely eliminate the aid-cutting GEA, or Gap Elimination Adjustment, that’s been squeezing local schools to balance the state budget, when the funds should be going into classrooms. The Senate’s increase is $800 million more than that proposed by the Governor.