ny xgr ny state budget 110909
On the homepage
Vikings
Out There
Pardon Board
Petters
NY governor to address rare join session of Legislature, negotiations continue to cut deficit
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
ALBANY, N.Y. - Gov. David Paterson is setting up a showdown with New York's Senate over how to address a $3.2 billion deficit and allow New York to pay its December bills.
Paterson is scheduled to deliver a rare midyear address to a joint meeting of the Assembly and Senate. He wants to drum up support for his proposed spending cuts. The address is at 3 p.m.
But the Democrat-led Senate continues to oppose his proposal, pitching its own plan that avoids what the conference calls painful cuts. The powerful health care lobby praised the ideas as innovative, but Paterson's budget office called them gimmickry.
Negotiations continue.
A special session is planned for Tuesday to enact any cuts and possibly consider other measures, including legalization of same-sex marriage.
Recent Business stories
Heinz to report its second-quarter results Tuesday - November 9, 2009
Heinz to report its second-quarter results Tuesday - H.J. Heinz Co. is scheduled to report earnings for its fiscal second quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. More
Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
Comment on this story | Be the first to comment | Hide reader comments