This is a statement by Assemblyman Steve Hawley concerning a proposed fiscal reform plan by New York's Lt. Governor:
“Last night, Lt. Governor Ravitch clarified his five-year fiscal reform plan to my colleagues and I in the Assembly Minority Conference. While I agreed with him on the need to cut out social ‘yum yums’, or giveaways in the state budget, I am specifically concerned with his proposal to increase state borrowing by $2 billion a year for the next three years.
"We are not going to solve the state’s fiscal crisis by increasing our borrowing and coming up with budgetary gimmicks. In order to truly close out the budget deficit and steer New York out of this fiscal crisis, we need to make real spending cuts. I look forward to working with the Lt. Governor and my legislative colleagues in the coming weeks as the budget deadline approaches."