No deals in NY's emergency economic session

(AP) - Governor David Paterson says he has no deals with the Legislature for Tuesday's emergency economic session, but talks will continue for days.Paterson says

ALBANY - (AP) - Governor David Paterson says he has no deals with the Legislature for Tuesday's emergency economic session, but talks will continue for days.

Paterson says there is no agreement on any of the $600 million in cuts he asked the Legislature to make to stave off projected deficits for this fiscal year because of declining revenues.

The Senate and Assembly were due in Albany around noon. But with no deals it may be a brief session without substantial action.

Even so, Paterson credited legislators for proposing cuts in spending for the first time.

Senate Majority Leader Dean Skelos says he expects $400 million to $500 million to be cut from the current 2008-09 budget, and perhaps more. The Long Island Republican also acknowledged talks with Paterson to commit to future spending reductions.

advertisement | advertise on News 12

Trending Video

News 12's Dan Serafin visited Lincoln High School 1 Lincoln H.S. alumnus plays in Sweet 16 of NCAA Tourney
VIDEO: Brooklyn artist pays tribute to slain EMT 2 VIDEO: Brooklyn artist pays tribute to slain EMT
The Harlem Globtrotters paid a visit to children 3 Harlem Globetrotters visit children at Brooklyn Hospital
The Center for Disease Control has a few 4 12 on Health: CDC offers healthy travel tips
Dozens of people were arrested across the borough 5 Dozens arrested in 'Operation Hardball' drug takedown

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE