Albany is broken and the 2010-11 State Budget is just another example of this fact. Not only is the budget three months late, it also is riddled with enormous increases in spending and excessive taxes and fees. Crafted by New York City Majority members in secret, the budget blatantly ignores the fiscal crisis of our state and nation. In view of these facts, I voted against the entire 2010-11 budget.
Under this misguided spending plan, taxes will go up and business incentives will be delayed. Unfortunately, even after last year’s budget disaster, state leaders have not learned the error of their ways.
The state’s spending plan does not reflect reality. Instead of setting our state on a course toward economic recovery, I fear that the budget’s higher spending and increased taxation will drive more New Yorkers to states where it is less expensive to live and run a business. Rather than increasing spending and hoping that our fiscal woes will just go away, we should be fixing our structural spending problem.