US EditionN.Y. Faces Cumulative State Budget Gap of $34.3B, Comptroller Says
NEW YORK STATE, AUG 8 – The budget shortfall reflects a $7 billion increase since January driven by lower economic forecasts, reduced federal aid, and rising costs in Medicaid and school funding, officials said.
Summary by Spectrum Local News
4 Articles
4 Articles
Report: State Faces $34.3B Budget Gap through 2029 - Long Island Life & Politics
By Hank Russell A report issued by State Comptroller Thomas DiNapoli shows that the state’s Financial Plan has a growing structural budget deficit with a cumulative three-year budget gap of $34.3 billion, as forecasted by [...] The post Report: State Faces $34.3B Budget Gap through 2029 appeared first on Long Island Life & Politics.
DiNapoli: State faces $34.3 billion budget cumulative budget gap through FY 2029
Federal Cuts and a Weaker Economic Forecast Could Create Budget Gaps Not Seen Since Global Financial Crisis The state’s Financial Plan shows a growing structural budget deficit with a cumulative three-year budget gap of $34.3 billion, as forecasted by the Division of the Budget (DOB). When accounting for recent federal actions, the gaps as a
Coverage Details
Total News Sources4
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
