NY's Financial Plan for the 2011-2012 budget eliminated $10 billion gap

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NY's Financial Plan for the 2011-2012 budget eliminated $10 billion gap

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ALBANY, N.Y.-- News 10 learned new information on Thursday, that relates to the New York's Financial Plan for the 2011-2012 budget.

The division of the budget said the adopted budget eliminated a $10 billion budget gap without raising taxes or increasing borrowing.

The plan reflects savings achieved through several measures to redesign and right-size New York's government. They include:

- State operation reductions

- Realigning school aid

- Redesigning Medicaid

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NY's Financial Plan for the 2011-2012 budget eliminated $10 bill - NEWS10 ABC: Albany, New York News, Weather, Sports

NY's Financial Plan for the 2011-2012 budget eliminated $10 billion gap

Local News <a href="http://www.wten.com/category/173731/-local-news">More>></a>Local NewsMore>>

Invention Convention celebrates student inventors

Invention Convention celebrates student inventors

14th annual Albany History Fair explores faith, worship

14th annual Albany History Fair explores faith, worship

SUNY nanotech students receive diplomas

SUNY nanotech students receive diplomas

Runners race to live music during SPAC’s ‘Rock and Run’

Runners race to live music during SPAC’s ‘Rock and Run’

Team Billy Ride & Walk for Research raises funds for brain tumor study

Team Billy Ride & Walk for Research raises funds for brain tumor study

Assemblyman Vito Lopez to resign before he's expelled from Legislature

Assemblyman Vito Lopez to resign before he's expelled from Legislature

Honor Flight kicks off at Albany international Airport

Honor Flight kicks off at Albany international Airport

Jackpot hopeful’s flock to local ticket hot spot

Jackpot hopeful’s flock to local ticket hot spot

Parishioners celebrate dedication of Saint Ann Catholic Church

Parishioners celebrate dedication of Saint Ann Catholic Church

Cystic Fibrosis Walk raises funds to help fight chronic disease

Cystic Fibrosis Walk raises funds to help fight chronic disease

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