$133B NY Budget To Boost Energy, Infrastructure Projects

Law360, New York (March 27, 2012, 6:17 PM EDT) -- New York legislative leaders reached a deal Tuesday on a $132.6 billion state budget that aspires to boost infrastructure fixes and private investment in energy projects but has no room for a health insurance exchange, which will be created by executive order, or a study on environmental risks of hydraulic fracturing.

The deal came days before an April 1 deadline — a relative rarity in recent years in the Empire State — and decreases total spending by $135 million from 2011 with no new state taxes....
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