New Yorkers Stuck Paying DiNapoli’s Mistakes
Posted by Team Wilson - Fri, August 13, 2010 at 02:57 PM
In just the first six years, Harry Wilson thinks the State will borrow over $4.5 billion, and local governments will be able to borrow in excess of $6 billion, totaling roughly $11 billion in actual or potential borrowing. Because the most recent version of the plan is an indefinite program, this massive borrowing will only grow in later years. The people of New York State are now stuck paying for this problem. This is unacceptable.
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wow, Harry! Those figures mean New Yokers are screwed. Hope you can do something about this!