NYS budget deficit | WAMC

NYS budget deficit

NY Governor Andrew Cuomo delivers COVID-19 update during April 6, 2020 press briefing
Courtesy of Mike Groll/Office of Governor Andrew M. Cuomo

New York’s fiscal year is nearly half over and the state budget remains billions of dollars out of balance, largely due to the effects of the COVID-19 economic shutdown. So far, Governor Andrew Cuomo has been relying on temporary measures to keep the state afloat, but fiscal experts say it’s time to make some hard decisions.