The governor of New York, Democrat Andrew Cuomo, pens an op-ed for today's New York Post on the state's dismal budget deficit:
When a governor takes office, in many ways the die has already been cast. Unbelievably, this year these rates and formulas in total call for a 13 percent increase in Medicaid and a 13 percent increase in education funding next year.
A 13 percent increase, in this economic climate, is wholly unrealistic.
Wouldn't you like your salary or savings account to be based on a formula that gave you a 13 percent increase even though inflation was under 2 percent? The world doesn't work that way -- except in Albany.
Cuomo sounds remarkably like New Jersey Republican governor Chris Christie here, particularly when he points out how many interest groups unfairly demagogue budget "cuts":
In Albany speak, "deficit" means the amount needed to fund the 13 percent increase (as opposed to a normal rate of increase). For example, if one assumed these programs would increase at the rate of inflation (instead of 13 percent) the $10 billion deficit is really a $1 billion deficit.
A "cut" is then defined as anything less than a 13 percent increase. By forcing the debate to start with such a large hike, the final budget ends up spending much more than the year before -- even after the Governor attempts "cuts."
Read the whole thing here.