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State budget shaping up as an embarrassment of riches – for now

MARCH 3, 2021 | by E.J. McMahon | EMPIRE CENTER (NEW YORK)

By E.J. McMahon, includes “Governor Cuomo’s Division of the Budget (DOB) and the Legislature’s fiscal committees have agreed to boost New York State’s revenue projection for fiscal years 2021 and 2022 by $2.45 billion—the latest in a series of upward adjustments that have dramatically improved Albany’s short-term outlook, even as sexual harassment allegations against the governor will complicate negotiations … The bottom line is that the brighter current outlook is very temporary. …”

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