On ‘day three,’ Governor Spitzer delivered his State of the State address and talked about the need to rein in spending, exhibit fiscal restraint, and make tough choices by saying “no” to budget requests we cannot afford.
However, on day thirty-one, the governor showed no sign of fiscal restraint. In his first meaningful opportunity to change the way Albany operates, the governor delivered an Executive Budget that totals $120 billion, an increase of 6 percent over last year’s budget.
Clearly, the governor’s budget spends too much, and higher spending will lead to higher taxes, which will force more New Yorkers to seek opportunity elsewhere. Governor Spitzer was elected to correct this problem, but his Executive Budget will only perpetuate it.
As we head into the second month of Governor Spitzer’s administration, it seems as if another opportunity to fix a broken process has passed.