FOR IMMEDIATE RELEASE:
March 28, 2011

Silver Announces Three-Way Budget Agreement:
Reduces Governor's Cut to Education
and Closes $10 billion Deficit

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Assembly Speaker Sheldon Silver (right, podium) is joined by (from left) Assembly Ways and Means Committee Chair Herman Farrell, Assembly Majority Leader Ronald Canestrari, Governor Andrew Cuomo and Senate Majority Leader Dean Skelos (not shown) to announce a three-way budget agreement for SFY 2011-2012.

Silver, noting the state's struggling economy, said, "Government had to tighten its belt with the same sense of urgency that working families have been tightening their belts since the economy went into freefall in 2008."