New Yorkistans $6.1 BILLION dollar shortfall

[Jmac00]

New York state faces $6.1 billion budget hole next year: officials

Gov. Cuomo faces a growing budget mess as officials projected a shocking $6.1 billion hole in the state’s finances next year. The figure was provided by the state Division of Budget in its mi…

nypost.com

Gov. Cuomo faces a growing budget mess as officials projected a shocking $6.1 billion hole in the state’s finances next year.

The figure was provided by the state Division of Budget in its mid-year budget report, which was released weeks after its legally mandated due date.

That tallies up to roughly 6 percent of the state’s $102 billion budget for its agencies and operations.

More than half of the gap — $4 billion — is linked to a dramatic rise in the state’s Medicaid costs.

In an effort to patch the hole, Cuomo is considering slashing payments to hospitals and nursing homes in the current budget and perhaps next year.

“Savings may include across the board reductions in rates paid to providers and health plans, reductions in discretionary payments, and other actions that can be executed administratively in the current fiscal year,” the report reads.

https://nygunforum.com/javascript:void(0)

 

[Carlos Hathcock]

Sounds like we're going to see a new law for every vehicle required to display 6 license plates instead of 2....and probably be required to buy a complete 2nd set for backup.

 

[Jezman]

Sounds like we're going to see a new law for every vehicle required to display 6 license plates instead of 2....and probably be required to buy a complete 2nd set for backup.

Dont forget that $80 toll in crease for the New Tappanzee Bridge.

 

[Acer-m14]

FUAC should have to sell his home/s to cover some part of his fuk ups ... and TRUMP should buy them .. LOL .

 

[Bigfoot]

Good going Mario...

Look what you went and done...

Not just 1 .. But 2 Fredo's.



How does someone even do that?

 

[misunderestimated]

And all the procicuters are going back to him to ask for funding for the new Bail reform debacle he created. NY politics SUCK

 

[dsdmmat]

Wait we have to give PortoRico a couple of billion dollars too.

 

[S&W Fan]

Well well, just like his daddy used to be . Of course also like his daddy he’ll blame Washington. POS, FUAC

 

[togmaster]

FUAC spent the money now make him pay it back working at a fast food restaurant making $15 per hour,

 

[kev74]

FUAC spent the money now make him pay it back working at a fast food restaurant making $15 per hour,

He's not qualified.

 

[C3D]

The death spiral continues. The state patched its budget over the last decade with mega-fines it extorted from banks. Now the till has run dry for that so the costs are hitting home at the same time that FUAC’s giveaways to the 1199 SEIU loyalists are coming due.

Expect a new millionaires tax (don’t forget the last one was temporary, but still hasn’t been let to expire) which really hits the upper middle class — not those terrible evil millionaires — who are the backbone of NYS’ taxpayer base. Think the doctors, accountants, lawyers, corporate folks, small business owners. Then expect that new tax to further pressure that same group of the upper middle class to decamp for better states, eroding the tax base at the same time new “immigrants” in need of expensive state-provided services continue to flood NY.

 

[VietnamEraVet]

The death spiral continues. The state patched its budget over the last decade with mega-fines it extorted from banks. Now the till has run dry for that so the costs are hitting home at the same time that FUAC’s giveaways to the 1199 SEIU loyalists are coming due.

Expect a new millionaires tax (don’t forget the last one was temporary, but still hasn’t been let to expire) which really hits the upper middle class — not those terrible evil millionaires — who are the backbone of NYS’ taxpayer base. Think the doctors, accountants, lawyers, corporate folks, small business owners. Then expect that new tax to further pressure that same group of the upper middle class to decamp for better states, eroding the tax base at the same time new “immigrants” in need of expensive state-provided services continue to flood NY.

A Hell of a lot of the taxpayers fleeing NY are coming here, - I see an inordinate number of NY plates here daily. There are so many businesses and restaurants here that have been opened by ex NY'ers that I can't keep up. Just Friday night I went to a new place. It was jammed, and the food and drink, and overall atmosphere was great. And it just kind of felt like upstate NY to me.

So I asked, and....the owners came here from Binghamton! Naturally!

 

[1075tech]

Then expect that new tax to further pressure that same group of the upper middle class to decamp for better states, eroding the tax base at the same time new “immigrants” in need of expensive state-provided services continue to flood NY.

I know my company is moving their corporate HQ from Rochester to Valley Forge. Can't help but think there is some tax strategy involved.

 

[FrankenCub]

A Hell of a lot of the taxpayers fleeing NY are coming here, - I see an inordinate number of NY plates here daily. There are so many businesses and restaurants here that have been opened by ex NY'ers that I can't keep up. Just Friday night I went to a new place. It was jammed, and the food and drink, and overall atmosphere was great. And it just kind of felt like upstate NY to me.

So I asked, and....the owners came here from Binghamton! Naturally!

Binghamton has become Little NYC.

 

[Acer-m14]

here is a really dumb idea for the State to save a lot of money .. only a cave man could think this one up ..

FUAC sell your helicopter and give up the tax payer funded car and limo too .. get rid off all the perks for Gvt empl. , you all make enough to buy your own transportation and pay your own insurance and registration/inspections .. there is a start ..

 

[Hillbilly77]

here is a really dumb idea for the State to save a lot of money .. only a cave man could think this one up ..

FUAC sell your helicopter and give up the tax payer funded car and limo too .. get rid off all the perks for Gvt empl. , you all make enough to buy your own transportation and pay your own insurance and registration/inspections .. there is a start ..

More money savers:

- Mandatory drug testing for anybody accepting welfare, food stamps, WIC, etc. Test for nicotine and alcohol as well as illicit drugs.
Fail a drug test, you're out of the system. You have money for cigarettes, beer, and drugs, you have money for groceries.

- No more cash payouts for food stamp recipients.

- Completely overhaul the food stamp program and run it like WIC. Have a list of specific products allowed for purchase. If it's not on the list, you can't buy it. No more Mountain Dew and frozen pizzas at the local gas station.

- No more hand-outs of any kind for illegal aliens.

- Death penalty - no more life without parole.


Man, I can already see the savings piling up!

 

[carpediem]

Dont forget that $80 toll in crease for the New Chimpanzee Bridge.

FIFY. In keeping with "Governor" Monkeyfaces' family.....

 

[Michael]

I figured there was a reason that our town was asked to do a reassessment of all the properties by the state.

 

[livingston]

 

[Saltwater60]

Yes plenty of the immigrants have EBT cards. I see it all the time.

 

[GOPerfect]

This is all made . It is being touted in order to push the legalization of Marijuana.

They are using this "shortfall" to convince those against to vote for the passage.

 

[Drinkthekoolaid]

The more stupid policies, laws, taxes and regulations the more "makers" move out.

They get replaced by takers who then in turn demand more dumb shit.

The cycle is self sustaining at this point and will keep increasing until the state is bankrupt

 

[livingston]

Shot himself in the foot with that fracking ban ....
Ending the moratorium on “hydrofracking” of natural gas in upstate New York would spur over $11.4 billion in economic output, create 15,000 to 18,000 jobs in the Western New York and the Southern Tier regions, and generate $1.4 billion in state and local tax revenues, according to a study issued last week by the Manhattan Institute’s Center for Energy and the Environment.

The potential payoff from "fracking" - Empire Center for Public Policy

Ending the moratorium on “hydrofracking” of natural gas in upstate New York would spur over $11.4 billion in economic output,....

www.empirecenter.org

 

[Jmac00]

Shot himself in the foot with that fracking ban ....
Ending the moratorium on “hydrofracking” of natural gas in upstate New York would spur over $11.4 billion in economic output, create 15,000 to 18,000 jobs in the Western New York and the Southern Tier regions, and generate $1.4 billion in state and local tax revenues, according to a study issued last week by the Manhattan Institute’s Center for Energy and the Environment.

The potential payoff from "fracking" - Empire Center for Public Policy

Ending the moratorium on “hydrofracking” of natural gas in upstate New York would spur over $11.4 billion in economic output,....

www.empirecenter.org

this article is from june 2011???

 

[Saltwater60]

this article is from june 2011???

Probably the last time it was studied since he said no to it.

 

[Hillbilly77]

It's not a budget deficit or shortfall.

It's OVERSPENDING!

I hate it when ".gov" types cry about deficits, like they're the victims in the situation. From your local school board, to your local town/village board, county, state, feds..... It pisses me off.

You decided to spend money that you don't have and now you can't afford it, so you want to hit me up for more money.
Go fuck yourself.

 

[Carlos Hathcock]

Do a quick search for all the bullshit happy happy joy joy projects going on in this state right now. You could take 1/4 of that waste and plug the budget hole.....twice.

 

[E the massive]

NY needs a gun sell back.

 

[MilesTeg]

NY needs a gun sell back.

They need a land sell back.

 

[phatfarmerbob]

They need a land sell back.

Bravo good sir ! They could start with the half of our farm that they took back in the 70’s. We’ll buy it back for what they paid minus the rent from the past 40 some years.