For Release — January 21, 2015
Statement from The Business Council of New York State, Inc. on Governor Cuomo’s New York Opportunity Agenda Address
ALBANY, N.Y.—“The Business Council of New York State, Inc. agrees with Governor Cuomo that ‘business is the engine that pulls the train’.
“He has put a number of issues on the table to improve our economic climate, promote economic growth and private sector investment across New York State, especially in areas that have been lagging economically. We are encouraged that the Governor’s Executive Budget includes proposals for small business tax reform, upstate investment funds, infrastructure investments, extension of the brownfield redevelopment program, education reform and others.
“We also applaud his proposal to maintain fiscal discipline by limiting state spending growth to 2 percent or less for the fifth consecutive year.
“We do not support the proposed minimum wage increase. Increasing labor costs is counterproductive to the state’s goals of increased job opportunities.
“We now look forward to working with the Governor, Senate and Assembly to assure that these proposals are adopted in a form that results in significant, broad-based benefits for New Yorkers.”
- Heather C. Briccetti, Esq. President and CEO