NY passes $132.6B budget; 2nd in a row on time

(AP) - They did it again. New York's Senate and Assembly passed the state's second straight on-time budget. The $132.5 billion budget was negotiated by Gov. Andrew Cuomo and the Senate Republican and Assembly's Democratic majorities. It increases spending by 1.9 percent and addresses a nearly $2 billion deficit. The budget was due by midnight Saturday and will guide state operations through the 20102-13 fiscal year. The legislation includes a 4 percent increase for schools and for the Medicaid healthcare system. One of Cuomo's wins is the $16 billion "New York Works" program intended to create jobs and repair infrastructure.

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