Cuomo Braces New Yorkers for First Budget Reduction Since 1995
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New York Governor Andrew Cuomo, facing a budget deficit of $10 billion or more, may cut spending for the first time in at least 17 years, lawmakers say.
Cuomo, a 53-year-old Democrat and son of former Governor Mario Cuomo, has been hosting meals with legislators of both parties in Albany, the capital of nation’s third most-populous state, to enlist their support. He’s scheduled to present his first budget Feb. 1.