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NY Deficit Grows
Sarah SheridanFriday, October 30, 2009
October 30, 2009
 
ALBANY---Governor David Paterson says the state now faces
a deeper, $10 billion deficit over the next two years.
     The Democrat opened a Thursday meeting with legislative leaders by saying that's up from the $6.7 billion, which was the last official count, set in July.  Paterson said there's an urgent need for the midyear spending cuts he has proposed for schools, public universities, hospitals and nursing homes or some other plan.
     But lawmakers are still reluctant to propose any cuts of their own. The meeting lasted less than 45 minutes without agreements on spending cuts.
      Paterson has called for an extraordinary session of the Legislature next month  to address the deficit.