Cuomo began his speech with "literally a bang" playing a video of the demolition of the old Tappan Zee bridge
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..passing the Child Victims Act, passing the DREAM Act, legalizing marijuana use for adults, and broad campaign finance reform (closing LLC loophole, banning corporate contributions), investing in clean water infrastructure & launching Green New Deal (100% clean power by 2040)...
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..authorizing sports betting, enacting pro-labor protections, cutting middle class taxes, passing aggressive rent regulations, investing another $150 billion in infrastructure and transit, overhauling the MTA and passing congestion pricing.
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We're finally getting to the budget part of this speech.
@NYGovCuomo said state has a $3 billion budget gap, and blames slowing revenue on federal reduction of the State and Local Tax (SALT) deduction. [State Comptroller might disagree. Read more here: https://www.gothamgazette.com/state/8147-agenda-2019-city-state-budgets-on-mostly-solid-ground-with-major-questions-looming …]Show this thread -
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@NYGovCuomo shifts to education funding. Says funding has largely gone to poorer districts but those districts haven't distributed it to poorer schools.Show this thread -
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Cuomo says his budget includes $27 billion for education and introduces a new funding formula called the Education Equity formula which distributes funds to poorer schools more equitably.
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Cuomo's now touting the Excelsior Scholarship, which many have criticized for being too limited. the program is expanding this year to a family income threshold of $125,000.
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On healthcare, Cuomo says state faces $2.5 billion in cut to DSH, another $1 billion in cut to cost share reduction payments and the threats to ACA.
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@NYGovCuomo proposes a 3.6 percent increase to both health care and education.Show this thread -
Now on transit. "It's M & Ms. Not the candy...management and then money."
@NYGovCuomo addressing MTA structure, which he wants to overhaul. "When everyone's in charge, no one is in charge. Was it a dumb idea when they set it up? No. Was it diabolical? Very."Show this thread -
In the past, Cuomo has taken credit for MTA successes and completely rejected any blame for its failures. He's now saying, "Everybody can point fingers."
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Cuomo is going into the many transit projects that need to get done and funding for transit.
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@NYGovCuomo wants congestion pricing with toll equity -- every person driving into Central Business District pays a toll. Estimates it could raise about $15 billion for MTA. Still expected to be a shortfall.Show this thread -
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@NYGovCuomo reiterating the law that says NYCTA must bear all capital costs and that state has shouldered more costs in recent capital plans. In case of shortfall after congestion pricing, Cuomo wants a 50-50 split between city and stateShow this thread -
"The status quo has got to go...if we don't invest now, we're going to pay more later and suffer in the meantime," Cuomo says.
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We're back to infrastructure now, and the governor's plan to invest $150 billion in his third term (compared to $100 million in 2nd term and $70 billion in 1st term)
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@NYGovCuomo wants middle class tax cuts. "Fight SALT. Fight SALT. Fight SALT," Cuomo says, noting it's a 30% tax increase. Says it will lead to revenue and housing crisis.Show this thread -
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@NYGovCuomo proposes lowering middle class tax rate (see graphic) and wants to make the 2% property tax cap permanent.pic.twitter.com/HMYhHma8X4
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Cuomo says he wants to pass a Consumer Right to Know Act to label products that contain carcinogens.
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@NYGovCuomo says he's invest another $200 million in fighting the opioid crisis.Show this thread -
's now going quickly through a set of environmental protection proposals and initiatives, including a plastic bag ban, complete ban on offshore drilling, investing in shellfish restoration, expanding the Bottle bill, and, of course, the Green New Deal.
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244 million visitors came to New York in 2017, contributing $108 billion to the economy -- Cuomo wants to invest another $100 million in state parks, recreation facilities, etc.
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Cuomo touting the growing brewery and winery industries which he's invested heavily in.
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@NYGovCuomo now shifting to immigrant protections and rights. Calls for passage of Jose Peralta DREAM Act, named for former State Senator who died last year; wants to expand Liberty Defense program.Show this thread -
Cuomo makes a quick note on the Census, including a judge's ruling this morning against inclusion of citizenship question, but doesn't give any more details.
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@NYGovCuomo calls for expanding rent regulations; he's now pushing protections for labor unions (see graphic)pic.twitter.com/WLPZkPrGvt
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ON public safety now. Cuomo touts $100 million spent over two years to combat MS-13. Wants to invest another $45 million in anti-gang programs, and more; calls for expanding city's speed camera program; passing Child victims Act.
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Cuomo now on his criminal justice agenda, touting prison closures. Wants to eliminate cash bail, legalize adult use of marijuana (to bring in $300 million in revenue), speedy trial reform, etc.
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"The last issue is ensuring the public trust,"
@NYGovCuomo says. (That's kinda the problem, unfortunately)Show this thread - Show replies
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