Cuomo’s $137B NY Budget Bakes In Minimum Wage Hike

Law360, New York (January 22, 2013, 5:49 PM EST) -- New York Gov. Andrew Cuomo on Tuesday pitched a $136.5 billion 2013 budget for New York State that sets aside $3.6 billion for Superstorm Sandy-related projects, contains no new taxes, spends amply on energy, infrastructure and business projects, and includes a controversial, $1 billion bump in the state's minimum wage.

The Democratic governor praised lawmakers for having passed timely budgets in 2012 and 2011 and said another on-time passage in 2013 would help New York move away from its reputation, earned over the previous decades, as a...
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