Tuesday evening, Governor Paterson announced that our state is in a fiscal crisis. When the economic climate dips to such a level, the only way to recover is to rein in spending and act with fiscal responsibility. The fact is that New York spends, borrows and taxes too much and that needs to stop immediately. The state of our economy needs to be a wake-up call to those in our government who are adamant on continuing to tax New Yorkers and to spend money that we do not have.
The Governor also called for an emergency session to take place on August 19. I am ready to go to Albany and work with my colleagues on both sides of the aisle to produce meaningful relief that every New Yorker will be able to see. New Yorkers are cutting back on spending and it is time that the government does the same.
To address this issue, we need to cap property taxes, provide home heating relief and reduce gasoline costs. This will stimulate our economy and actually boost revenue. Continuing to tax our citizens and borrowing more money are not the answers. During the emergency session, I am determined to produce relief for New Yorkers and I call on all of my colleagues to work together to achieve this goal.