Ny Comptroller Says Budget Plan Is Overly Optimistic

07.16.10 | FL News Team

New York State Comptroller Thomas DiNapoli says the plan to close the state's $9.2 billion budget gap is risky or overly optimistic.  DiNapoli found proposals such as one-shot savings and revenue that can't be counted on, make up almost $5 billion of the $34.4 billion budget.  Lawmakers have also included a half a billion dollars in workforce savings even though public unions have so far not agreed to any concessions.

The Legislature, he says, offers "no real answers" to the state's chronic budget problems and adds "budget balance is still tenuous." Meanwhile, a spokesman for Governor David Paterson's office says DiNapoli "grossly overstates potential problems" in the budget and isn't offering any guidance on how to close the deficit.