Statement from Assemblyman Brian Kolb: Budget Has Too Much Debt, Little Help For Upstate

March 12, 2007

Assemblyman Brian Kolb (R,C,I –Canandaigua) called the Assembly majority budget additions “short on providing for upstate while spending too much.” Kolb stated that the budget proposed by the Assembly majority adds almost a billion dollars in new spending to the already record-high budget, and almost a half-billion dollars in new debt, while failing to provide needed reforms.

“The spending and debt load we have here are at levels that New York state residents simply cannot afford! The Assembly majority adds too much debt to the budget and too much overall spending without addressing the needs of upstate residents,” said Kolb. The Assembly minority conference proposed several amendments that would have provided measures to bring more tax relief to New Yorkers, growth incentives to small businesses, and relief for New York’s manufacturing industry.

“We need to include measures that will help reduce the tax burden by passing additional reforms meant to improve the Medicaid system, provide more tax relief for small business, and direct property tax relief to overburdened homeowners.”