Nostra
Diamond Member
- Oct 7, 2019
- 68,450
- 58,711
- 3,615
Cuomo is a fraud............which is why Dimsocialists are in love with him.
Cuomo critics highlight years of taxpayer waste, amid deepening coronavirus crisis in New York
But critics contend Cuomo also needs to look closer to home.
"Although the public is only now becoming aware of the problem, emergency room shortages have long plagued the state's healthcare system. In addition, New York bypassed an opportunity five years ago to purchase 16,000 ventilators at a total cost of under $600 million," Joel Griffith, a research fellow at the conservative Heritage Foundation, told Fox News.
"This sum represented just 0.4 percent of the 2015-2016 enacted budgetvc— a year in which more than $2.3 billion was set aside for 'economic development,' an amorphous category riddled with cronyism. This potential shortage was both avoidable and warned about," he said.
The state's track record for apparent fiscal exhaustion has been brought to the forefront countless times over the years. Cuomo was condemned two years ago after he reportedly ordered that the money-beggared MTA spend around $30 million on retiling two city tunnels with the state's blue-and-gold motif rather than using the funds for much-needed repairs.
In 2018, critics also called Cuomo out for massive overspending on endeavors that did not see the light of day.
For one, there were the millions injected into a solar-panel factory, which was touted as becoming the largest manufacturing facility in the nation, only to be taken over by Tesla which scaled back solar endeavors, leaving its future – and the reported $50 million paid for by New Yorkers – in limbo.
And then there was a 2014 partnership with California light bulb company Soraa, which saw a $90 million factory erected outside Syracuse, only for the business deal to go bust and a taxpayer-financed factory with lights that failed to flicker on. Many also lamented the millions spent on putting up 500 "I Love New York" promotions signs across state highways, despite being called a violation of state and federal highway safety regulations.
"Just last year we saw Governor Cuomo allocate $30 million to provide college tuition to those here illegally – that's $30 million worth of ventilators and personal protective equipment that we can't send to our heroes working on the front lines during this pandemic today," argued GOP Assemblyman Mike LiPetri, who currently serves in New York's 9th district. "Governor Cuomo likes to tout his 'excelsior' motto – onward and upward he says – when the sad reality is his history of mismanagement, and misguided policies have kept us firmly planted in the difficult situation we face here today."
A 2019 Market Review examination of New York's fiscal health pointed out that almost all "governments spend money like it's going out of style, with very little regard to the long-term consequences."
But New York, on both a city and state level, is already at the top of the nation in terms of local and state tax burdens.
"New Yorkers pay the highest state and local business taxes in the nation, the second-highest individual income taxes, the highest workers, compensation costs, and the fifth-highest property taxes. Don't expect a lightening of these economic burdens anytime soon," Griffith said. "The state's underfunded public sector pensions represent financial time bombs which will require a combination of higher taxes and diminished essential government services—such as emergency medical responses and functioning mass transit."
Cuomo critics highlight years of taxpayer waste, amid deepening coronavirus crisis in New York
But critics contend Cuomo also needs to look closer to home.
"Although the public is only now becoming aware of the problem, emergency room shortages have long plagued the state's healthcare system. In addition, New York bypassed an opportunity five years ago to purchase 16,000 ventilators at a total cost of under $600 million," Joel Griffith, a research fellow at the conservative Heritage Foundation, told Fox News.
"This sum represented just 0.4 percent of the 2015-2016 enacted budgetvc— a year in which more than $2.3 billion was set aside for 'economic development,' an amorphous category riddled with cronyism. This potential shortage was both avoidable and warned about," he said.
The state's track record for apparent fiscal exhaustion has been brought to the forefront countless times over the years. Cuomo was condemned two years ago after he reportedly ordered that the money-beggared MTA spend around $30 million on retiling two city tunnels with the state's blue-and-gold motif rather than using the funds for much-needed repairs.
In 2018, critics also called Cuomo out for massive overspending on endeavors that did not see the light of day.
For one, there were the millions injected into a solar-panel factory, which was touted as becoming the largest manufacturing facility in the nation, only to be taken over by Tesla which scaled back solar endeavors, leaving its future – and the reported $50 million paid for by New Yorkers – in limbo.
And then there was a 2014 partnership with California light bulb company Soraa, which saw a $90 million factory erected outside Syracuse, only for the business deal to go bust and a taxpayer-financed factory with lights that failed to flicker on. Many also lamented the millions spent on putting up 500 "I Love New York" promotions signs across state highways, despite being called a violation of state and federal highway safety regulations.
"Just last year we saw Governor Cuomo allocate $30 million to provide college tuition to those here illegally – that's $30 million worth of ventilators and personal protective equipment that we can't send to our heroes working on the front lines during this pandemic today," argued GOP Assemblyman Mike LiPetri, who currently serves in New York's 9th district. "Governor Cuomo likes to tout his 'excelsior' motto – onward and upward he says – when the sad reality is his history of mismanagement, and misguided policies have kept us firmly planted in the difficult situation we face here today."
A 2019 Market Review examination of New York's fiscal health pointed out that almost all "governments spend money like it's going out of style, with very little regard to the long-term consequences."
But New York, on both a city and state level, is already at the top of the nation in terms of local and state tax burdens.
"New Yorkers pay the highest state and local business taxes in the nation, the second-highest individual income taxes, the highest workers, compensation costs, and the fifth-highest property taxes. Don't expect a lightening of these economic burdens anytime soon," Griffith said. "The state's underfunded public sector pensions represent financial time bombs which will require a combination of higher taxes and diminished essential government services—such as emergency medical responses and functioning mass transit."
Cuomo critics highlight years of taxpayer waste, amid deepening coronavirus crisis in New York
While coronavirus ravages New York City -- with officials desperately clamoring for life-saving supplies and federal assistance -- attention has also turned to years of fiscal mismanagement and cost-cutting, despite being one of the highest-taxed states in the country.
www.foxnews.com