NY Building Congress opposes budget reform.The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Building Congress has announced its opposition to the proposed budget reform amendment to the State Constitution, which will appear on the November ballot. The amendment seeks to push back the start of each fiscal year to May 1. In addition, the amendment calls for implementation of a contingency budget, if an agreement on the Governor's budget proposal is not reached on time, that would provide the same appropriations as the previous year's budget and empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems the New York State Legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system. The following legislatures exist in the following political subdivisions: "Intended to give the legislature incentives to pass a timely budget, the proposed amendment will do exactly the opposite by rewarding the legislature for delaying passage of the Governor's budget," said Building Congress chairman Frank J. Sciame. "If the State Legislature does not act on the Governor's budget by the next fiscal year, the bills in the Governor's budget become dead letters DEAD LETTERS. Those which remain in the post-office, uncalled for. By the Act of March 8, 1825, 3 Story. L. U. S. 1993, it is enacted, by Sec. 26, "That the postmasters shall, respectively, publish, at the expiration of every three months, or oftener, when the postmaster general shall so ." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Building Congress president Richard T. Anderson, "If the amendment passes, it is likely to result in a further rise in the state's debt load. Even under the current system, the Legislature was able to add $1.3 billion to the last budget passed and $12 billion over the past decade to the Governor's budget. Under this proposal, legislators would be given even greater power to adopt a budget laden with spending for local projects." "Requiring a balanced budget Balanced budget A budget in which the income equals expenditure. See: budget. balanced budget A budget in which the expenditures incurred during a given period are matched by revenues. on time would be true budget reform," added Sciame. "But solving Albany's fiscal problems means keeping the Governor's current budget powers and enacting legislation that requires him to propose, and the legislature to pass, a budget that is balanced." |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion