Assemblyman Pete Lopez (R,C,I-Schoharie) today released the following statement regarding the release of Governor Eliot Spitzer’s 2008-2009 Executive Budget.
“I would like to thank Governor Spitzer for yesterday’s budget briefing as a follow up to his State of the State Address. As I’ve said before, the budget is the real policy statement, which links identified priorities with state and federal assistance.
“While I respect the governor’s effort, his budget framework is out of touch with the economic reality facing the people and families of the 127th Assembly District. The governor centers much of his proposed spending around the claim that New Yorkers have seen a 5.3% increase in personal income. Clearly, very few of my neighbors have seen their incomes increase at all over the last year, let alone by 5%.
“Moreover, the governor’s proposed budget still does not address the fact that property taxes continue to drive New Yorkers from their homes and businesses. Even as families, farms, and businesses struggle with high taxes and energy costs, the governor has proposed a budget that spends and taxes more. At a time when state revenues are down and we face a $4.4 billion deficit, the governor has called for fee increases, loophole closures, and the use of ‘one shot’ revenues to cover up proposed spending increases.
“Ultimately, this proposed budget is not sustainable. We have a lot of work to do to come up with a budget that holds down spending, delivers tax relief to the middle class, and improves economic conditions in the 127th Assembly District and across New York State.”