ALBANY, N.Y. (AP) — Business tax cuts, tax incentives for hiring the unemployed, a moratorium on new taxes and a state spending cap will be part of the budget proposal of the New York Senate's Republican majority.
The election year proposal plays strongly to the Republicans' base of voters upstate and on Long Island and among its supporters in business. The Senate GOP proposal also sets up the dealing over the next three weeks with the Assembly's Democratic majority and Gov. Andrew Cuomo as they negotiate the coming fiscal year budget.
The Democrat-led Assembly wants an increase in the minimum wage and Cuomo is pushing a less expensive pension system for future hires, both of which the Senate majority has so far opposed.
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