Gov. Cuomo to feds: NY needs $15B, SALT cap repeal or it may 'pursue litigation'

Gov. Andrew Cuomo said Tuesday that the 2022 fiscal budget is dependent upon how much it is going to receive in aid from the federal government – a “worst-case scenario” of $6 billion, or $15 billion, which he says the state is owed after four years of being under assault by the Trump administration.

News 12 Staff

Jan 19, 2021, 10:55 PM

Updated 1,226 days ago

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Gov. Andrew Cuomo said Tuesday that the 2022 fiscal budget is dependent upon how much it is going to receive in aid from the federal government – a “worst-case scenario” of $6 billion, or $15 billion, which he says the state is owed after four years of being under assault by the Trump administration.
He also said that he would “pursue litigation” if the federal government didn’t provide the $15 billion.
“The new government didn't cause the damage. But they are legally, ethically and politically responsible for correcting it,” he said.
The governor said $6 billion in funding would lead to an ugly combination of spending cuts, tax hikes and borrowing. With $15 billion, he says the state can fund the many projects and aid programs it has put forth, including a slew of green energy projects.
Always of enormous importance in the state budget is the amount of school aid. The more school districts get from Albany, the less they seek in taxes. But with no hard figures given by Gov. Cuomo, schools themselves must prepare their budgets with lots of unanswered questions.
The governor also called for the $10,000 state and local tax (SALT) deduction cap be repealed, calling it a “chronic injustice against New York."
He also is proposing the legalization of mobile sports betting and adult-use of cannabis as ways of raising hundreds of millions of dollars for the state.
The state Legislature has until April 1 to pass a new budget, which would be long after Congress is expected to vote on an aid bill for state and local governments.


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