Sentences with phrase «state budget hole»

«I think the governor offered little information on how New York will close a $ 4 billion - plus state budget hole and instead focused on continued high spending to fix everything that's wrong in the state,» he said.

Not exact matches

More than five years after the Great Recession tore a giant hole in their budgets, most states have made big progress in stabilizing their finances.

The free schools budget is out of control and the Secretary of State would rather sink another # 800 million into the black hole, rather than rein in spending.»

Factcheck Please: The money can't be used to plug budget holes — it never would be $ 700 million for one state, and accepting it would cost districts more money.

DiNapoli said there's still a chance that Democrats in Congress, including U.S. Sen. and Democratic Leader Chuck Schumer, may restore the federal health care money before the end of the year, filling the potential new hole in the state budget.

The state's Essential Plan, which covers low - income New Yorkers, is projected to run a hefty surplus, which Cuomo is using to plug holes elsewhere in his budget.

New York is short $ 4.4 billion, and there's uncertainty over federal policies, including the overhaul of the tax code, that could leave the state with even a bigger budget hole in the future.

The cuts would leave a multi-billion-dollar hole in the state budget, and affect New Yorkers who depend on the government to help with their health care.

It appears that vast majority of the new tax will simply be used to shore up holes in the state budget.

We'll find out whether the new governor will continue Albany's practice of stealing dedicated transit funds to plug budget holes elsewhere, try again to reduce the state's meager contribution to student MetroCards to nothing, or decide instead -LSB-...]

New York, obviously, faces a different situation today as the faltering economy has led to a $ 3.5 billion hole in the state budget for the coming 2012 - 13 fiscal year, which begins April 1.

Federal officials have reportedly confirmed that they are cutting off a major portion of funding for New York's Essential Plan, opening a roughly $ 1 billion hole in the state budget and raising new doubts about the future of a rapidly growing health insurance option for the working poor.

Several months ago, Paterson — citing the state's $ 9.2 billion budget hole — vowed to cut off funding for the state parks system, meaning that 41 parks and 14 historic sites would be shut down altogether and services cut at 24 more.

The end of the cost - sharing subsidies would open an almost $ 1 billion hole in the budget of the state - operated Essential Plan, an optional benefit under Obamacare that was exercised only by New York and Minnesota.

«Recent state budgets advanced by the Governor and approved by the Legislature have improved the long term picture for counties, but in the short term counties have a deep hole to climb out of.

By keeping state operations spending growth at 2 percent, the budget hole is closer to $ 1.8 billion.As expected, the governor tucked into the budget non-monetary initiatives, such as new sexual harassment policies, the codification of abortion rights in state law and methods for New York to participate in «early voting,» all of which he touted in his Jan. 3 State of the State addstate operations spending growth at 2 percent, the budget hole is closer to $ 1.8 billion.As expected, the governor tucked into the budget non-monetary initiatives, such as new sexual harassment policies, the codification of abortion rights in state law and methods for New York to participate in «early voting,» all of which he touted in his Jan. 3 State of the State addstate law and methods for New York to participate in «early voting,» all of which he touted in his Jan. 3 State of the State addState of the State addState address.

The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Governor Andrew Cuomo remains worried about another potential cut in federal funds to hospitals that he says will blow a hole in the state budget.

The first was an economic collapse that opened a whopping $ 9.2 billion hole in the state budget.

What started out as a small, off - budget, temporary surcharge on insurance to help pay for charity care, hospital debt and graduate medical education as New York hospitals deregulated in the late 1990s, has ballooned over 19 years into a multibillion - dollar all - purpose revenue fund that supports dozens of public health programs, and plugs billion - dollar holes in the state's general budget.

This year there is a huge multibillion - dollar hole in the state's budget.

The Gap Elimination Adjustment (GEA) has created a widening gap between Syracuse and the wealthier school districts in New York, even though was implemented in the 2010 - 11 school year during the recession in order to alleviate the hole in the New York state budget, according to New York State United Teachers, a teachers» union in the sstate budget, according to New York State United Teachers, a teachers» union in the sState United Teachers, a teachers» union in the statestate.

Cuomo has long warned that deep cuts to federal health care spending could rip huge holes in the state's budget and devastate health care coverage for New Yorkers.

State lawmakers» growing frustration with the holes Gov. Andrew Cuomo left in his 2011 - 2012 budget proposal was on display at this morning's joint legislative hearing on economic development, which produced a frosty — albeit polite — exchange between Assemblyman Jeff Aubry and outgoing ESDC Chair Dennis Mullen.

After you subtract $ 23 million for the current fiscal year (a number that does not, for the record, fit with state Comptroller Tom DiNapoli's projection of an up to $ 1 billion hole in the current budget), that leaves a two - year General Fund surplus of $ 415 million.

New York trails other states in modernizing its 911 systems to handle greater cellphone use, in part because lawmakers routinely divert money intended for that purpose and use it to plug holes in the state budget.

The House GOP plan to repeal and replace Obamacare could cost already cash - strapped NYC hospitals hundreds of millions of dollars and potentially blow a multi-billion dollar hole in future state budgets, officials said.

Bill Hammond: «Federal officials have reportedly confirmed that they are cutting off a major portion of funding for New York's Essential Plan, opening a roughly $ 1 billion hole in the state budget and raising new doubts about the future of a rapidly growing health insurance option for the working poor.»

The NY Post says Cuomo's proposed executive budget is «so full of holes, gimmicks and «structural challenges» that even usually mild state Comptroller Tom DiNapoli is sounding alarms.»

«Obviously we're a big part of the state and whenever there is a big hole in the state budget that needs to be filled, we can feel that pinch,» said Freddi Goldstein, a spokeswoman for Mayor Bill de Blasio.

The state budget is now more than six weeks late as Paterson pushes for furloughs and considers layoffs to fill a $ 9.2 billion hole.

Business groups are questioning the Wisconsin Department of Transportation's plan to plug a looming $ 680 million hole in the state's road budget.

State Senator Neil Breslin appeared with Assembly members Pat Fahy and John McDonald, in a show of support for Mayor Sheehan, who implored all city residents, state workers and politicians to blitz state lawmakers in a fund drive of epic proportions to not only land the $ 12.5 million to plug the hole in Albany's budget, but also fix funding formulas so the mayor never needs to pick the tin cup aState Senator Neil Breslin appeared with Assembly members Pat Fahy and John McDonald, in a show of support for Mayor Sheehan, who implored all city residents, state workers and politicians to blitz state lawmakers in a fund drive of epic proportions to not only land the $ 12.5 million to plug the hole in Albany's budget, but also fix funding formulas so the mayor never needs to pick the tin cup astate workers and politicians to blitz state lawmakers in a fund drive of epic proportions to not only land the $ 12.5 million to plug the hole in Albany's budget, but also fix funding formulas so the mayor never needs to pick the tin cup astate lawmakers in a fund drive of epic proportions to not only land the $ 12.5 million to plug the hole in Albany's budget, but also fix funding formulas so the mayor never needs to pick the tin cup again.

A state - funded capital construction program added on as a patch in the state budget to offset that hole in the waiver is a start, but it's just $ 1.2 billion, spread over seven years, and there are a lot of institutions in competition for a piece of it, Hannon said.

Of the proposal to create special tax districts on developments near transit expansions, an idea known as value capture, Mr. de Blasio said such a move would «blow a hole in the city's budget» and allow the state to raid the city's property tax revenue, forcing him to cut back on vital services such as education or public safety.

The Democratic governor's latest proposal, one that would effectively allow the state to capture «excess reserves» from Fidelis, is still on the table, and though legislators have expressed discomfort with the proposal, they may need to accept it to fill a budget hole that is somewhere between $ 400 million and $ 500 million.

ALBANY — If the state is going to kick in to plug a hole in the city of Albany's budget, so too should the city's nonprofit institutions.

That would seem a near impossible hole to fill given the state's Division of Budget projection of a $ 3.5 billion deficit, which the governor hopes to bridge through spending constraints.

New York is dependent on federal Medicaid funds to help insure more than 2.5 million people, according to the governor's office, and it could blow as much as a $ 3.7 billion hole in the approximately $ 130 billion state budget.

While the executive proposal includes $ 200 million in funding to address the opioid crisis, it does not prevent the state from using the existing funds designated for these programs to plug other holes in the budget, according to Bill Hammond, health policy analyst at the Empire Center for Fiscal Policy, a conservative - leaning think tank.

New York finally got some good news from Congress on Wednesday when the Senate pushed forward $ 2.6 billion in aid for the state, after two months of lost votes on the issue threatened to blow big holes in local and state budgets.

ALBANY — For months, the state has been sounding the alarms on how the repeal of the Affordable Care Act would blow a huge hole in the state budget.

State Comptroller Tom DiNapoli concurs that the Obamacare repeal bill, if it were to pass the U.S. Senate and become law, would «punch a big hole» in the state budget and means that «far fewer New Yorkers will have insurance.&rState Comptroller Tom DiNapoli concurs that the Obamacare repeal bill, if it were to pass the U.S. Senate and become law, would «punch a big hole» in the state budget and means that «far fewer New Yorkers will have insurance.&rstate budget and means that «far fewer New Yorkers will have insurance.»

Governor Cuomo has warned for months that the proposed repeal of the ACA would blow a multi-billion dollar hole in the state budget, and potentially cost state and local governments and New York's hospitals $ 4.5 billion.

Given that the Collins - Faso amendment would blow a $ 2.3 billion annual hole in the state budget, Poloncarz said the state might make up for the loss by simply shifting other costs onto the counties.

And the governor said he is not concerned at this point about some claims that President Trump's efforts to reform the federal Affordable Care Act will blast a major hole in the state's budget because of a change in federal reimbursement formulas.

«The bill means far fewer New Yorkers would have insurance, penalizes those who suffer from pre-existing conditions and potentially punches a big hole in our state budget,» DiNapoli said in an email to the media.

Without this tax on the state's wealthiest residents, a huge hole will be blown in the state budget.

And yet the city remains trapped in a cycle of begging the state for money every year to patch holes in its budget.

The Minority Caucus's resolution states that the proposed bill acts as a «cash grab to plug a hole in the New York State budget as an alternative to cutting spending.»

The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Gov. Andrew Cuomo remains worried about another potential cut in federal funds to hospitals that he said would blow a hole in the state budget.