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Governor Cuomo gave a grim forecast for New York after his emergency powwow with financial advisors to discuss the consequences of the failed Congressional supercommittee. In a statement released after the meeting, Governor Cuomo blasted “Washington’s inability to get its fiscal house in order and work in a bipartisan fashion” and said the debacle would cost New Yorkers at least $5 billion.
With the holiday season approaching and the weather taking a turn for the worse, a group of activists and politicians led by Bronx/Westchester state senator Jeffrey Klein rallied today for more foreclosure counseling and legal aid funding in next year’s budget.
During an appearance on “Live from the State Capitol” this morning, Governor Andrew Cuomo told radio host Fred Dicker the situation with the state budget is “grim.” He blamed the situation on tough times on Wall Street and described the current backlash against the financial industry as “hyperbole” fueled by “extremist groups on steroids.”