Cuomo set to outline 3rd NY budget in slow economy - NEWS10 ABC: Albany, New York News, Weather, Sports

WATCH LIVE: Gov. Cuomo outlines state budget

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Watch Governor Andrew Cuomo's budget address live here, starting at 2 p.m.

ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo is set to present his third state budget Tuesday in a slow economic recovery with lagging tax revenues.

An administration official says Gov. Cuomo will keep his proposed spending growth under 2 percent in a budget that he again pledges will have no new taxes.
The official says Cuomo's budget address Tuesday will also focus on providing funding to back to up his school reform package and to support upstate jobs programs and tourism.   

School aid is already budgeted for a 4-percent increase although Cuomo's budget is expected to increase that to pay for added security at schools under his gun control act signed into law last week.
State Comptroller Thomas DiNapoli says tax collections remain below the latest estimates.
The budget proposal, scheduled for 2 p.m., must also contend with a deficit of more than $1 billion. The spending plan is expected to be about $134 billion.

Cuomo's previous state budgets had to contend with deficits totaling more than $10 billion because of drastically reduced tax revenue during the recession.

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