A battle between legislative leaders over Mayor Bill de Blasio’s plan to tax New York City’s wealthy to fund universal pre-kindergarten threatens the chances of a fourth on-time budget and the highest state credit rating since 1972.
Budget talks among New York Governor Andrew Cuomo and legislative leaders broke down as senate co-leader Dean Skelos said there’s too much focus on New York City and Mayor Bill de Blasio’s pre-kindergarten plan.
New York Mayor Bill de Blasio’s proposal to tax the rich to pay for universal early-childhood education faces obstacles in the state capital in a year when Governor Andrew Cuomo and lawmakers are up for re-election.
It took Jeff Klein, the Bronx Democrat who shares leadership of the New York Senate, less than 24 hours to back off a threat that he’d hold up the state budget if it didn’t include a plan to tax the wealthy to pay for universal pre-kindergarten in New York City.
Governor Andrew Cuomo’s seven-round limit on magazines sold in New York will be suspended “indefinitely” by a measure in his $136.5 billion budget set to be passed this week, Dean Skelos, a Senate majority leader said.
New York Governor Andrew Cuomo says he can finance universal early-childhood education statewide while cutting $2.2 billion in taxes. Mayor Bill de Blasio says New York City still needs to tax the wealthy to create a pre- kindergarten program.