Paterson Orders Delaying 10 Percent Of School Aid

New York Governor David Paterson is ordering 10 percent of state aid payments to schools and local governments be delayed because the state is $1 billion short of its obligations due to be paid Tuesday.

Paterson Directs Cut In Aid Payments

Governor David Paterson says New York has run out of cash and he’s directing budget officials to reduce aid payments to schools, local governments and non-profit service providers until things improve.

Paterson Ends Deficit Negotiations

In the latest episode of Albany’s failure to address a worsening state deficit, Governor David Paterson says negotiations with the Legislature are over and its quote "last, best offer" falls far short of what’s needed.

Paterson takes $1.6 billion in emergency action

New York Governor David Paterson is now taking $1.6 billion worth of temporary, emergency measures to cover the state’s December bills. That’s while he’s continuing to try to get the Legislature to agree with $1.4 billion more to address a deficit.