Paterson's Last Budget Gasp

New York Gov. David Paterson will press lawmakers to act to close a $315 million current-year deficit in an extraordinary session of the Legislature scheduled for Monday.

Paterson last week announced an agenda that called for budget cuts and other legislative items that were not enacted during the regular session.

"We have an obligation to ensure that the people's work is done promptly and completely," he said in a news release. "Once again, our state faces a budget shortfall and other issues that must be addressed by the Legislature, which is why I have called for the extraordinary session."

Other items on the agenda include: authorizing the Dormitory Authority of the State of New York to create a subsidiary to hold properties belonging to bankrupt North General Hospital; changing rules regarding acting on gubernatorial appointments; and appropriating federal education funding.

The state is on the hook for $117 million of outstanding refunding bonds issued by DASNY on behalf the hospital.

A Paterson spokeswoman said the bills were not available.

The session could be the last before Governor-elect Andrew Cuomo takes office in January and has to propose a budget that would close a projected $9 billion deficit.

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New York
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