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Paterson: New York Is Running Out Of Money

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First Posted: 11-10-09 09:17 AM   |   Updated: 11-10-09 09:26 AM

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Read More: Albany Special Session, Budget Crisis, David Paterson, David Paterson Economy, New York Economy, New York Financial Crisis, New York News
Albany

nytimes.com:

Gov. David A. Paterson took the rare step on Monday of addressing a joint session of the Legislature during its traditional off-season and used the speech to underscore New York's deepening financial crisis.

Mr. Paterson repeatedly used stark language to describe the gravity of the state's economic health as he prodded lawmakers to make cuts he has proposed to programs long considered sacrosanct. "I will mortgage my political career on this plan," Mr. Paterson told lawmakers as he warned that New York was rapidly running out of cash to meet its obligations.

Read the whole story: nytimes.com

Gov. David A. Paterson took the rare step on Monday of addressing a joint session of the Legislature during its traditional off-season and used the speech to underscore New York's deepening financial ...
Gov. David A. Paterson took the rare step on Monday of addressing a joint session of the Legislature during its traditional off-season and used the speech to underscore New York's deepening financial ...
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- thepheonix I'm a Fan of thepheonix 5 fans permalink
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This is your state on liberalism. Do yourself a favor and get rid of it and vote Conservative. Save your state.

    Reply    Favorite    Flag as abusive Posted 10:21 PM on 11/10/2009
- NYC80 I'm a Fan of NYC80 permalink

Ok California was first to go down, now it is New YORK. it seems that the United States is Finished.

    Reply    Favorite    Flag as abusive Posted 06:58 PM on 11/10/2009
- perplexed101 I'm a Fan of perplexed101 permalink
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And so the eternal return of the same strikes again....

    Reply    Favorite    Flag as abusive Posted 11:08 AM on 11/10/2009

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