Governor Paterson to deliver state of state address

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Governor Paterson to deliver state of state address

Story Created: Jan 7, 2009 at 9:52 AM EST

Story Updated: Jan 7, 2009 at 12:21 PM EST

ALBANY, N.Y. (AP) - New York Gov. David Paterson is presenting his vision for the state's future in his state of the state
address.

Traditionally it's the governor's opportunity to lay out his early plans for the budget, but the meltdown on Wall Street and subsequent fiscal crisis forced Paterson to present his financial plans in mid-December.

The $121.1 billion proposal includes layoffs, a cut in school aid, 88 new or higher fees, and the early release of 1,600 inmates.

If the Legislature passes it, the proposal would also increase total spending by 1.1 percent - or $1.3 billion - and close $15.4 billion in deficits over two years.

The governor's speech before a joint session of the Legislature,
scheduled to begin at 1 p.m. Wednesday, opens the 2009 legislative
session.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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