ALBANY (AP) -- Millions of dollars in union-paid ads, an influential left wing of the Democratic Party and the loss of Republican control of the state Senate contributed to an overhaul of Reagan-era income tax brackets under a 2009-10 budget totaling $131.8 billion to be adopted Tuesday.
The budget is $10.5 billion more than the current budget, or about 8.7 percent at a time with minimal inflation. Most of that, however, is use of $7.2 billion in federal economic stimulus funds.
General fund spending, which excludes federal money, is projected to increase no more than 1 percent, to about $54 billion.
"We made the tough choices necessary to address that challenge through shared sacrifice and responsible budgeting," Gov. David Paterson said in a written statement issued with legislative leaders. "The agreement we are announcing today closes the largest deficit in state history, stabilizes our finances and institutes critical reforms that will help eliminate waste and inefficiency in our government."
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