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NY passes $132B budget; 2nd in a row on time

By Associated Press

Story Created: Mar 30, 2012 at 3:46 PM EDT

Story Updated: Mar 30, 2012 at 4:33 PM EDT

ALBANY, N.Y. (AP) - They did it again.

New York's Senate and Assembly passed the state's second
straight on-time budget.

The $132.5 billion budget was negotiated by Gov. Andrew Cuomo and the Senate Republican and Assembly's Democratic majorities. It
increases spending by 1.9 percent and addresses a nearly $2 billion
deficit.

The budget was due by midnight Saturday and will guide state operations through the 20102-13 fiscal year.

The legislation includes a 4 percent increase for schools and for the Medicaid healthcare system.

One of Cuomo's wins is the $16 billion "New York Works" program intended to create jobs and repair infrastructure.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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