Andrew Cuomo Announces Loss of Billions in Tax Revenue, Looks for Others to Blame

“That’s as serious as a heart attack. This is worse than we had anticipated,” the governor said New York Governor Andrew Cuomo made a stark announcement this week in regards to the state budget. Following the implementation of his new budget last month he came out to announce that over the course of December and January New York state saw a shortfall of $2.3 billion in tax revenue. -- More...