Zack Hutchins
Director of Communications

For Release — January 17, 2012

Cuomo Budget Designed to Strengthen New York's Economy

ALBANY— “For the second year in a row, Governor Cuomo has presented a budget designed to strengthen New York's economy. This budget builds on the strong foundation that was laid last year and will encourage existing businesses to grow while bringing new businesses to New York.

The Governor's budget that closes a $2 billon spending-gap with no new taxes or fees sends a clear signal to business leaders that the state is prepared to control the cost of government and continue to rebuild our private-sector economy.

The Governor's continued call for spending restraint, mandate and Medicaid relief, together with public and energy infrastructure investments and legalized casino gaming, will go a long way toward improving our job creation climate.

We support the Governor's plan to reduce and consolidate state government, including a Tier VI pension system, which will help control unsustainable pension costs and save state taxpayers billion of dollars in the years to come.

We look forward to working with Governor Cuomo and the legislature as they focus on continuing to restore our state's fiscal health.

- Heather Briccetti, President and CEO, The Business Council of New York State, Inc.