Tedisco Decries “Ploys To Borrow”

Assemblyman urges action on budget
June 9, 2010
Assemblyman James N. Tedisco (R,C,I-Schenectady-Saratoga) today called upon legislative leaders to end the practice of weekly budget extenders, which he said were being used by legislators as a convenient route around passing a budget. Tedisco pointed out that the state budget is now 70 days late. He said legislators’ continued reliance on week-to-week extenders will ultimately back officials into a proposal that requires borrowing, pointing to Assembly Majority support of $6 billion in borrowing over three years.

“With each week without a budget, our state’s fiscal situation deteriorates,” said Tedisco. “Perhaps legislators think they’ve found an out with weekly budget extenders where they can use the governor for political shelter. It may be politically expedient, but it’s fiscally reckless, and deferring responsibility is no way to run the state. Albany is spending tax dollars at a pace where 70 to 80 percent of it is gone. It appears that their intention is to reach a point where lawmakers have no other option but to borrow, which is exactly what put our state in this fiscal crisis.”

“The governor and elected officials are spending the public’s money and cutting public programs without a comprehensive budget,” Tedisco said. “Instead, they need to pass a budget that is fair to our working families, small businesses, seniors and local governments.”