ALBANY, N.Y. (AP) - New York's chief fiscal officer says Wall Street revenues will be a "bright spot" heading into potentially difficult state budget talks complicated by the federal tax overhaul.
State Comptroller Thomas DiNapoli was the featured speaker Tuesday morning at a forum held at the Times Union newspaper building in suburban Albany.
DiNapoli discussed the challenges facing lawmakers and fellow Democrat Gov. Andrew Cuomo as state leaders negotiate a state budget.
Those challenges include a budget deficit estimated at over $4 billion and the recent federal tax overhaul.
Those are just two of the major issues Cuomo and the Legislature will wrangle over as they formulate a spending plan due by April 1, the start of the state's new fiscal year.
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