State lawmakers, governor agree on budget cuts

State lawmakers have agreed to cut hundredsof millions of dollars in the current state budget, with overallspending to be slashed by nearly $2 billion over the nexttwo fiscal years. The Democrat-controlled Assembly worked well past midnight toapprove most of the budget cuts sought by Governor Paterson when hecalled for yesterday's special session of the Legislature. The Senate is expected to return this morning to give finallegislative approval to the deal reached late last night. An official close to the negotiations tells The Associated Pressthat lawmakers agreed to cut $426 million from the currentbudget. The official -- speaking on condition of anonymity -- says thecuts over two years will be $1.7 billion. Paterson called the special session to deal with loomingdeficits projected in the billions of dollars.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."