‘Impossible’ Paladino Cuts May Be Inevitable for N.Y.

One of Carl Paladino’s prescriptions for New York’s chronic budget deficits, spending cuts of at least $7 billion in his first year as governor, may be imposed whether or not the underdog Republican candidate wins in November.

The nation’s third most-populous state faces a projected $8.2 billion gap next year, only three months after legislators closed a $9.2 billion deficit for the current fiscal year. Paladino’s Democratic opponent, Attorney General Andrew Cuomo, also says reduced spending is needed.