Maintaining New York's double-A range credit rating is a priority, Lieut. Gov. Richard Ravitch said hours after his appointment was ruled legal by the state's highest court yesterday.
The Court of Appeals reversed a lower court decision that the July appointment by Gov. David Paterson violated the state constitution. The decision means that Ravitch will join the governor today at a legislative leaders meeting to address the $2.1 billion current-year deficit. Paterson called the decision to uphold his July 8 appointment "a victory for all New Yorkers."