New York NOW

Comptroller DiNapoli, State Spending Cuts, Economic Outlook

May 22, 2020

On this week's edition of New York NOW, New York state is facing economic devastation not seen since the Great Depression. That's what State Comptroller Thomas DiNapoli said in a new report. He joins us to explain.

Gov. Andrew Cuomo says local governments, schools, and hospitals can expect major cuts in the coming weeks without help from the federal government. But we don't know if that help is coming.

E.J. McMahon from the Empire Center for Public Policy joins us with analysis of the state's finances, and Cuomo's strategy to avoid a projected $61 billion budget deficit.

Casey Seiler from the Times Union is back. He joins us to talk about how the COVID-19 crisis has affected Albany's bottom line.

And Keshia Clukey from Bloomberg Law breaks down the news of the week, including new questions about nursing homes.

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