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Governor Cuomo and Legislative Leaders outline Agreement on 2013-1014 Budget

Gov. Andrew Cuomo presented his budget address in Onondaga County Wednesday, Feb. 8.

Gov. Andrew Cuomo presented his budget address in Onondaga County Wednesday, Feb. 8. Photo by Amanda Seef.

Senate Majority Coalition Co-Leader and Independent Democratic Conference Leader Senator Jeffrey D. Klein said, "This is the most middle class friendly budget in a generation. When we formed the bipartisan coalition last December, we promised low-wage workers that we would pass a major increase to the minimum wage. Today, we’re delivering on that promise and raising the minimum wage even higher than anyone thought possible just three short months ago. Today’s budget agreement is a huge step-forward for families across New York. We’re not only giving minimum wage workers the raise they deserve—we’re putting real dollars back into the pockets of families who really need it. For the past five years, we have been asking middle class families to do more with less. Today, we’re finally giving them some relief by delivering a $350 check to every single one of those families. Two years ago, we cut middle class taxes to their lowest level in sixty years. Today, I’m proud to announce that these same low tax rates on the middle class are here to stay. I’m also pleased to announce that with today's agreement, the IDC is following through on its commitment to help returning veterans find rewarding work when they come home. By providing a tax credit for businesses that hire one of our state’s heroes, I know we will bring down the unacceptably high unemployment rate among New York veterans."

Assembly Speaker Sheldon Silver said, "I am pleased that the Governor and the Legislature have reached agreement on a budget that addresses the Assembly Majority’s top priority of raising the minimum wage, ensures the care and wellbeing of our vulnerable populations, stimulates job creation, and safeguards a sound education for our children. I commend the Governor and my colleagues in the Assembly and Senate for their hard work and commitment to an early budget agreement."

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