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Saturday 10 December 2022
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Cuomo Proposes $145 Billion Budget in State of the State Address

By Staff

 

cuomo syrGov. Andrew Cuomo delivered his $145 billion 2016-17 state budget proposal and State of the State address in Albany, Jan. 13, one day after President Barack Obama’s State of the Union address.

Gov. Cuomo laid out much of his spending plan during a two-week tour throughout the state, prior to Wednesday’s address.

The plan included a $300 million tax cut for small businesses; a freeze on New York State Thruway toll prices until 2020; a push to increase the state’s minimum wage to $15 per hour, which would be the highest in the country; and $100 billion in capital projects throughout the state.

Cuomo also proposed an additional $1 billion in aid to schools this year, with a total of $2.1 billion to be paid over two years. He also proposed returning $434 million to schools, which they lost during budget cuts in 2009.

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