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  • McLaughlin.3.28.12.Spending Cap Amendment

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    Assemblyman Steve McLaughlin offered an amendment to cap state spending as part of the 2012-13 New York state budget. The amendment aims to control costs and spur economic growth and job creation. McLaughlin cited the need for spending controls like those required of school districts and local governments. A state spending cap would save billions over the past decade and ensure economic prosperity and savings for middle-class families by reining in higher taxes.

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    Assemblyman Steve McLaughlin offered an amendment to cap state spending as part of the 2012-13 New York state budget. The amendment aims to control costs and spur economic growth and job creation. McLaughlin cited the need for spending controls like those required of school districts and local governments. A state spending cap would save billions over the past decade and ensure economic prosperity and savings for middle-class families by reining in higher taxes.

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    24 views2 pages

    McLaughlin.3.28.12.Spending Cap Amendment

    Uploaded by

    nwilock
    Assemblyman Steve McLaughlin offered an amendment to cap state spending as part of the 2012-13 New York state budget. The amendment aims to control costs and spur economic growth and job creation. McLaughlin cited the need for spending controls like those required of school districts and local governments. A state spending cap would save billions over the past decade and ensure economic prosperity and savings for middle-class families by reining in higher taxes.

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    FOR IMMEDIATE RELEASE MARCH 28, 2012 CONTACT: NICK WILOCK, 518-878-6568 FOLLOW ASSEMBLYMAN MCLAUGHLIN ON FACEBOOK

    McLAUGHLIN: CAP SPENDING IN BUDGET


    Capital Region Assemblyman offers amendment to include spending controls on government

    Assemblyman Steve McLaughlin offers his state spending cap amendment to be included in the final 2012-13 state budget on Wednesday, March 28, 2012. Assemblyman McLaughlin (R,C-Melrose) today, as budget negotiations are being finalized, offered a spending-cap amendment to be included in the final 2012-13 state budget. Citing the need for cost-control measures to spur jobs and private sector growth, McLaughlin introduced the amendment as a way to jumpstart New Yorks economic recovery for middle class families. If lawmakers are going to legislate that school districts and local governments must cap their budgets, then so should Albany, said McLaughlin. Our money is being spent at record levels. The savings of middle-class families continue to be depleted. I offered this amendment because a state spending cap will ensure a bright future for economic growth and help middle-class New Yorkers save their hard-earned money.

    Consider: If my state spending cap was in effect from 2000-2010, New York State would have saved over $30 billion. Thats $30 billion in spending paid for by higher taxes on families and job creators. Were experiencing the result of almost a half century of Albany politicians who lacked the resolve to say no. They were trusted with our money, with our taxes that you and I have no choice but to pay, and they failed again and again. We have a tax problem in New York because Albany has a spending problem. I have to look no further than my home county and the hardships I hear from Rensselaer County Executive Kathy Jimino. While the state spends more each year on its lavish programs, they continually eat up over 90 percent of County Executive Jiminos budget. She has had to make the tough choice between eliminating programs for our seniors and cutting services to our youth because of Albany mandates. We should not have to jeopardize those services, and thats why Im demanding Albany wake up and pass my spending cap amendment today. Assemblyman McLaughlin represents the 108th district, which consists of parts of Rensselaer, Albany, Greene, and Columbia counties. For more information, please visit Assemblyman McLaughlins official website. ###

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