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$5B Windfall Part Of NY Lawmakers' Agenda

Tax Credits/flickr

  Lawmakers returning to Albany in January are expected to focus on financial matters such as how to spend New York's $5 billion bank settlements windfall.  

The Assembly is controlled by downstate Democrats, while upstate and Long Island Republicans dominate the Senate.

Ongoing stalemates are likely to continue on social issues such as abortion rights, campaign finance reform and raising the minimum wage.

Legislative leaders and the governor ARE talking about using the $5 billion from bank settlements for such items as infrastructure and bulletproofing police cars.

Their chief job is the 2015 budget, with never-ending pressure to increase school aid.

(c) 2014 AP

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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