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David A. Paterson



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3Vote!

Governor David Paterson and New York Finance December 1, 2009

Source: Google News Alert Service, December 1, 2009. In Budget Impasse, Governor Warns of Withholding Municipal Aid New York Times “Unfortunately, the Legislature's last best offer does not take sufficient action to restore New York State's long-term fiscal stability,” Mr. Paterson said ... See all stories on this topic Not I, Said the New York Senate New York Times David...

3Vote!

Paterson: Legislature doesn’t go far enough

... have given the Legislature more than enough time to join with me to address this crisis,” Governor Paterson said. “If the Legislature won’t stand up for the people of New York because they’re worried about the next election, then I will do so on my own. That is why I am directing the Division of Budget to reduce payments to prevent our State from running out of cash this fiscal year. This...

+Vote!

Paterson Proposes Emergency Fiscal Option

ALBANY—Governor David A. Paterson has submitted emergency legislation – the Executive Authority Option – that would grant the Executive Branch the one-time authority to administratively direct the reduction of 2009-10 fiscal year payments in order to close a $3.2 billion current-year budget gap. This measure would provide a critical tool to help protect the State’s...

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In Budget Impasse, Governor Warns of Withholding Municipal Aid

Gov. David A. Paterson declared talks with legislative leaders over and said he had directed the state’s Budget Division to implement the action so the state would not run out of cash.

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NY State almost out of cash

... worth of temporary loans from its rainy-day fund and short-term investments. For weeks, Gov. David A. Paterson has invoked the shrinking amount of available cash in an effort to provoke the Legislature to deal with the state’s $3.2 billion budget deficit. So far, the specter of such dire fiscal outcomes has been greeted with what amount to legislative shrugs, chiefly in the...

+Vote!

New York State Running Out Of Money

Photograph of Gov. Paterson, with Lieut. Gov. Ravich on the left, discussing deficit reduction earlier this month New York State's dire budget situation gets the front page treatment from the NY Times today. And the Times sounds the alarm bells and points a finger in the direction of a certain state body: " Without a budget deal, New York will be left with just $36 million in the bank...

3Vote!

New York Senate: Could Gillibrand Face Primary Challenge?

... numbers as she continues to seek her political footing since being appointed in January by Gov. David A. Paterson. (credit image – ubault)

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Inaction Brings State to Brink of Cash Crisis

New York State is running out of cash.Without a budget deal, New York will be by the end of December, according to current projections. And the money will last that long, officials say, only if the state chooses to fully exhaust its emergency reserves by tapping several billion dollars’ worth of temporary loans from its rainy-day fund and short-term investments.For weeks, Gov. David A. Paterson...

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Aqueduct Racetrack Still Waiting for New York to Pick Operator by Charles V. Bagli and Danny Hakim - NYTimes.com

... The latest round of talks has been stalled for months, and despite a series of meetings among Gov. David A. Paterson and legislative leaders to try to resolve the matter, they remain deadlocked. The pressure is on state lawmakers, who have already included a $200 million upfront payment from the winning bidder in their plan to reduce a multibillion-dollar budget deficit. The problem...

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Albany – New York To Make Available Favorable Loans For Students Attending College

New York – Governor David A. Paterson today announced that the New York Higher Education Loan Program (NYHELPs), the State’s new low-cost student loan program, will offer New York families very favorable rates on loans that will be made available for students attending college this spring. For the spring term of the 2009-2010 academic year, NYHELPs [...]

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Cabbies Busted For Illegally Hustling Passengers

QUEENS—A joint crackdown on unlicensed taxi drivers who illegally hustle passengers at New York City’s two major airports has resulted in 18 individuals being charged with the illegal solicitation of ground transportation. The crackdown comes in the wake of Gov. David A. Paterson signing a bill into law last month which increased penalties for unlawfully soliciting [...]...