Tagged 112th Assembly District

The Ballston Journal/Jim Tedisco

End Back-Door Borrowing: Tedisco

This week the New York State Legislature passed the third straight on-time budget in the last three years. One of the budget bills that was taken up to little fanfare amid some other higher profile issues was legislation to spend $6.4 billion to pay state debt service, what I call “back-door borrowing,” which is mortgaging…


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