Governor Andrew M. Cuomo traveled to Molloy College to outline his 2012-13 Executive Budget and Reform Plan, which expands on the historic reforms enacted last year to continue building a New New York. As a result of the tough decisions and bipartisan cooperation of the past year, the State is able to close the current deficit without broad cuts, new taxes, fees or gimmicks. In addition, the Governor's Executive Budget proposes major reforms to reduce the cost of government for taxpayers, implements accountability in our schools to put students first, and puts the State in a position to leverage billions of dollars in private sector investment to grow the economy and create jobs.
"Last year's successes have paved the way for us to present a direct and clean-cut budget that allows for significant reforms to reorganize government and make it more effective and efficient for New Yorkers," Governor Cuomo said. "While this budget holds the line on spending, it also transforms the way in which we spend to ensure that taxpayer dollars are put to good use. In addition, this budget makes students the top priority and calls for a dramatic reform to our state's education system. Together, we have made Albany a national symbol for effective government and must continue that momentum in order to grow our economy, generate jobs and move New York in the right direction."
The Governor's Executive Budget closes the current $2 billion budget deficit with no new taxes or new fees. Senator Jack Martins said, " While we have made progress, there is much more to do – but there is no doubt that working together with the Governor, we can continue to move New York forward on a path towards prosperity."