True, he claims the $ 100 billion state - funded part of the budget falls within his 2 percent growth cap. (nypost.com)
Although it contains an annual growth cap, it also has a floor of 0 %, providing downside market protection. (bestlifequote.com)
But up until now, the governor's budget office has said since Cuomo plans to keep state spending growth capped at 2 percent next year, the structural deficit would be whittled down to around $ 800 million. (wamc.org)