Debate over New York transportation bond act looms
Albany faces a $3.8 billion transportation bond act on the ballot amid strong support from Gov Pataki and supporters, and opposition from critics who warn the state already carries heavy debt. Proponents argue the funds will relieve congestion and modernize transit, while opponents call the plan a blank check for politicians and warn of higher taxes to service $36.8 billion in debt.
MENTIONED IN THIS ARTICLE
Albany
U.S. Senate
New York
Walle Wath Jeyous
Conservative Party
Hillary Rodnam Cinton
Rick Lazio
George Pataki
Kieran Mahoney
Pataki
Committee For Safe Roads and Improved Transportation Inc
CHY bond act funds Central New York transit and ports plan
The plan outlines 3.8 billion in bonds to fund Central New York projects. It includes 846.5 million for CNYRTA buses, 2 million for small buses and hubs, 2 million for Port of Oswego, 5 million for Syracuse Hancock Airport, 1.5 million Cortland airport, 100,000 Oswego airport, 9.65 million for canalway trails and related work, 3.6 million for Bridge Street bridge rehabilitation in Phoenix, 3.8 million to extend the Inner Harbor promenade including walkways and bridges, 2 million for Three Rivers Port canal infrastructure, 1 million canal bulkhead in Fulton, 1.5 million for Montezuma promenade, plus debate over debt totals and interest assumptions involving state officials.
MENTIONED IN THIS ARTICLE
Michael Bragman
Cicero
New York
Pataki
Bnino and
Silver
Citizens Budget Commission
CBC
Dake Navel
Long
Central New York
Central
Cortland County
Oswego
Syracuse
Inner Harbor
Clyde
Rome
Bridge Street
Phoenix
Three Rivers Port
Fulton
Montezuma Visitor and Nature Center
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Erik Kriss
Any Bureau
Downstate
New York City
Independent Budget Office
Senate
Joseph Bruno
Brunswick
Assembly
Sheldon Silver
Manhattan
Wnm
Michael Long
Lone
Budget Division
Kevin Quinn
H. Carl McCall
WN Cae & Rine OU
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