Saturday, September 12, 2009

Smith Not Ready To Call Legislature Back On Budget (Updated)

Gov. David Paterson’s plans to bring back the state Legislature later this month to address the state’s budget gap may have hit another roadblock: Some senators think they should wait until later in the year to deal with it.

Senate President Malcolm Smith, D-Queens, said the state may be better off waiting until the fiscal picture is clearer. He pointed to strong recent performances from some Wall Street firms, like Goldman Sachs, that could signal an improving

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