Provided by Dow Jones
By Jimmy Vielkind The debate about raising taxes as part of New York s budget is shaping up to be a test of how far Democrats in the state Legislature will go to take on their party mate Gov. Andrew Cuomo. After last year s elections, Democrats have the two-thirds majority in both the state Assembly and Senate enough to override a gubernatorial veto. Advocates of raising taxes are pushing rank-and-file lawmakers to flex their muscles during the budget process, which will dominate the Capitol until the next fiscal year begins April 1. Mr. Cuomo proposed a $193 billion spending plan that includes $1.5 billion from raising taxes on people reporting $5 million or more in annual income. But one breath after describing the plan, he fretted about its potentially negative consequences if wealthy people leave the state. Mr. Cuomo said the plan can be avoided if the U.S. Congress approves more aid for the state.
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Sputnik International
By Syndicated Content
Jan 24, 2021 5:04 PM
WASHINGTON (Reuters) - U.S. Senate Majority Leader Chuck Schumer said on Sunday that former President Donald Trump s approaching second impeachment trial in the Senate will be fair but move at a relatively fast pace. It will be a fair trial but it will move relatively quickly, Schumer, a Democrat, told a news conference in New York. He said it should not take up too much time because we have so much else to do.
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"It will be a fair trial but it will move relatively quickly," Schumer, a Democrat, told a news conference in New York. He said it should not take up too much time because "we have so much else to do."
<div class="at-above-post addthis tool" data-url="https://www.metro.us/u-s-senates-schumer-says/"></div>WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer said on Sunday that former President Donald Trump’s approaching second impeachment trial in the Senate will be fair but move at a relatively fast pace. “It will be a fair trial but it will move relatively quickly,” Schumer, a Democrat, told a news conference in New […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/u-s-senates-schumer-says/"></div>