Wednesday, July 30, 2008

Paterson's Plan for the Economy

Governor David Paterson is calling the state legislature back into session at the end of August to deal with the state's economic problems. In yesterday's broadcast address, the Governor said revenues have fallen and costs have risen in the state, and the deficit has climbed from 5-billion to 6-point-4-billion dollars.. Paterson says government has to tighten its belt and confront harsh times, but said today he doesn't plan to ask for higher taxes.

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