Cuomo trims 0.000485% of state budget
Governor Andrew Cuomo hacked away some $640,000 worth of budget items that he says were unneeded or duplications of funding found elsewhere in the budget. The governor accused legislators of inserting “pork” into the budget and used his line-item veto power to trim away those parts that he found inappropriate. The trimming was mostly symbolic however. The $640,000 represents a mere .000485 percent of the total state budget of $132 billion.
Schumer visits Livingston County Chamber to talk tax cuts
Senator Chuck Schumer visited the Livingston County Chamber of Commerce Wednesday to talk taxes and tax cuts with the small business owners gathered there. The senator is backing a bill that would provide significant tax credits to small business owners across the country including Livingston County. Specifically, the legislation would provide a 10 percent tax credit for each 2012 new hire and would allow other deductions for small businesses. John Quinlan, who owns a pharmacy and medical supply store in Geneseo was at the meeting. “With this small business jobs law, we will add ten jobs and that’ll be about a $30,000 tax credit, so, I mean, that’s a great shot in the arm for us to get going and hopefully that helps us to expand further,” he told reporters.
Partly sunny today with a high around 50. Frost tonight with a low around 30 degrees