TITLE

New York Budget Battle Rages On, Endangering State in Bond Market

AUTHOR(S)
McDonald, Michael
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
New York governor George E. Pataki lost the budget battle with the state Legislature in May 2003, but the war in Albany, New York continues, threatening to do further damage to the state's image in the bond market, which has already suffered. In new Department of Budget documents, Pataki said he has prepared a plan to reduce costs and is also considering a number of legal challenges to the Legislature's 2004 spending plans. He also threatened to abandon plans to refinance 2.5 billion dollars in Municipal Assistance Corp. debt to help New York City.
ACCESSION #
10022187

 

Related Articles

  • Gov. Pataki Under Fire. McKaig, Ryan // Bond Buyer;10/16/2002, Vol. 342 Issue 31492, p1 

    Reports the accusations raised against the fiscal record of Governor George E. Pataki in New York. Plans of Pataki to file a third term candidacy in the general election; Failure of Pataki to enact meaningful debt reform; Contribution of Pataki to the debt reform initiatives.

  • Guv candidates work to ignore budget pain. Lentz, Philip // Crain's New York Business;9/9/2002, Vol. 18 Issue 36, p1 

    Reports the strategy of New York Governor George Pataki in ignoring budget gap in the city. Assessment on tax increase; .

  • City wheel needs to squeak louder to get its share of grease from state. Townsend, Alair // Crain's New York Business;03/02/98, Vol. 14 Issue 9, p9 

    Opinion. Comments on the 1998 budget of New York State Governor George Pataki. Public response to the 8.5 percent increase in spending proposed by Governor Pataki; Perception that the governor does not believe city voters and their concerns are essential ingredients in his re-election;...

  • Pataki's budget cuts sail past roadblocks. Lentz, Philip // Crain's New York Business;3/20/95, Vol. 11 Issue 12, p1 

    Reports on the likelihood of the approval of New York State Governor George Pataki's $5 billion budget cuts. Expected revenues for 1995; Stance of Democrats.

  • The party's over. Becker, Cinda // Modern Healthcare;4/7/2003, Vol. 33 Issue 14, p10 

    Reports on the move made by the Greater New York Hospital Association (GNYHA) and Local 1199 of the Service Employees International Union (SEIU) to go against the proposed budget of New York State Governor George E. Pataki. Description of advertising campaign against Pataki's proposed budget;...

  • Pataki's budgetary end-around. Duby, Christopher Y. // Westchester County Business Journal;4/10/95, Vol. 34 Issue 15, p1 

    Reports on the ability of New York State Governor George Pataki to get the budget passed by April 1, 1995. Budget scheduling problems; Options to salvage his budget promise; Relationship between legislators and their house and senate leaders; Pressure from public officials.

  • False thesis for proposed state budget wrought with malice and real danger if it becomes law.  // New York Amsterdam News;12/16/95, Vol. 86 Issue 50, p12 

    Editorial. Criticizes New York State Governor George Pataki's proposed state budget. Pataki's desire to reduce the budget; Lack of jobs for semi-skilled and non-skilled workers in the state; Increased allocations for children's cases and family services.

  • Booklet details Pataki's executive budget. Browne, J. Zamgba // New York Amsterdam News;2/13/2003, Vol. 94 Issue 7, p4 

    Reports on the release of Yellow Book that provides a statistical and narrative summary of New York governor George E. Pataki's executive budget in the week ending February 15, 2003. Elimination of various childhood programs in the governor's budget; Reduction in school aids; Increase in...

  • Pataki budget going high-tech.  // Hudson Valley Business Journal;02/02/98, Vol. 8 Issue 20, p15 

    Announces the availability of the budget presentation of New York Governor George Pataki on the Internet on February 7, 1998 at the web site of the state of New York.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics