Senate Majority Leader Dean G. Skelos and Senate Finance Committee Chairman John A. DeFrancisco today released a mid-year economic and revenue forecast for New York State. A copy of the report can be found at the Senate website, www.nysenate.gov.
“This year, the Legislature and Governor worked together to close a deficit that was more than three times the size of next year’s projected deficit, and we did so without raising taxes,” Senator Skelos said. “Senate Republicans are prepared to manage next year’s budget in the same fiscally responsible manner while we focus on promoting economic growth and creating new jobs.”
Highlights of the report including the following:
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