Wednesday, November 22, 2006

NYS May Add $11Billion in Debt

from today's Syracuse Post-Standard
By Erik Kriss
Albany Bureau
full article

"New York state is already suffering under huge amounts of debt, and now in the last days of the current administration, there is a rush to push through billions of dollars of projects that will load the state with billions more in debt, in many cases without getting a proper review," Comptroller Alan Hevesi said.


Certainly all such expedditures should be subject to review. Who stands to gain from such earmarks? Further in the article:

Much of the state's borrowing is done to pay for secret slush funds controlled by the governor, Senate Majority Leader Joseph Bruno and Assembly Speaker Sheldon Silver.



Are there any sane leaders in Albany?

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