Tuesday, May 21, 2013

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Cuomo reacts to the sequestration's effects on New Yorkers
Posted: 03.03.2013 at 1:21 PM
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ALBANY (AP) -- Gov. Andrew Cuomo says the federal budget fight forcing temporary across-the-board spending cuts will affect New Yorkers including students and seniors.

He says the cuts won't have as big an impact on state government.

The dispute between Democratic President Barack Obama and the Republican-led House over spending cuts and tax increases led to automatic cuts that started Friday.

Cuomo says brinksmanship isn't the way to do business and makes people anxious.

Financially, he says the cuts will have "some effect" on New York's government, but more on people who lose needed federal assistance.

State Comptroller Thomas DiNapoli says local governments are already struggling, and New York could lose billions of dollars over the next few years from draconian cuts.

(Copyright ©2013 by The Associated Press. All Rights Reserved.)

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