Tag Archives: Gov. Andrew Cuomo

ILN Today Post

New York: State of the state speech rails against federal tax bill

Last Wednesday, New York’s Gov. Andrew Cuomo gave his 2018 state of the state speech, the first governor to do so in the new year. After acknowledging that “2017 was a tough year by any measure,” due to terrorism and Mother Nature, the governor celebrated “historic investments in education, health care and economic development.” He was pleased that “state government is back,” having done “more with less and it’s working,” touting the passage of “seven timely, responsible budgets,” the highest credit rating in 40 years, a drop in unemployment from 8.3 percent to 4.7 percent, and the highest number of private sector jobs ever, 8.1 million.

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ILN Today Post

New York: Controversies over the governor’s tax plans take shape

In Gov. Andrew Cuomo’s 2018 Executive Budget, the Budget Director touted the state’s “prudent fiscal management,” the features of which are constrained expenditures, lower taxes, economic stability, governmental innovation, and monetary discipline. This has generated a turnaround in New York’s circumstances such that it now enjoys the second-highest or highest investment-grade credit ratings on various bonds, record level support for schools, cost-effective health care, and expanded opportunities for the middle class.

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