05/23/2010 05:12 am ET Updated May 25, 2011

State Budget Would Cut $1.4 Billion From Schools

School financing, a perennial third rail of state politics, would be cut by $1.4 billion under a plan put forward on Monday by Senate Democrats trying to plug a budget deficit estimated at $9 billion.

The resolution the Senate passed constituted a grab bag from the $134 billion budget Gov. David A. Paterson introduced in January.

Read more on New York Times