Democratic Gov. Andrew Cuomo of New York and top lawmakers have agreed on a $132.5 billion budget that will cut more than $2 billion in healthcare and education costs, while giving millionaires a tax break. Despite a budget shortfall, Cuomo opposed extending a tax surcharge on New Yorkers with personal earnings of more than $200,000 year. The new budget drew staunch criticism from advocates of increased education aid, who say the cuts will disproportionately impact students in low-income and middle-class districts.
New York Slashes Budget for Education and Healthcare, Cuts Taxes on Rich
HeadlineMar 28, 2011