Tuesday, January 2, 2018

 

 

 

DiNapoli worried about state budget going into new year

POUGHKEEPSIE – State Comptroller Thomas DiNapoli is worried about the fiscal condition of New York going forward in the new year.

Sales tax revenues are down from projected levels and there are concerns emanating out of Washington, DiNapoli said while in Poughkeepsie over the weekend.

“The impact of the federal tax reform and what I think will be federal budget cuts that I think will impact us, what is going to happen with health care.” DiNapoli said. “Republicans want to get back to gutting or repealing Obamacare. We have leveraged billions of dollars through the Medicaid program, so I think we have a lot of challenges. I think it is going to be a very tough budget process.”

The governor will deliver his annual state of the state address tomorrow (Wednesday) and he is expected to discuss his concerns. DiNapoli said there will have to be belt-tightening on the state and local levels in anticipation of federal cuts.


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