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From the right: Gov. Cuomo’s fiscal games could hurt him

AUGUST 1, 2019 | by George Marlin | THE ISLAND NOW (NEW YORK)

“… To create the illusion of balancing budgets, Mario Cuomo raided revenues from various dedicated funds … He also deferred paying bills into the next fiscal year and came up with over $8 billion in “one-shots” to help fill his deficit holes. Mario’s most notorious “one-shot” was the selling of Attica Prison to the Urban Development Corporation for $200 million raised via bonded debt. That revenue scheme stuck the taxpayers with more than $560 million in principal and interest payments over 30 years to get $200 million to pay current bills.”

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