9:22am

Thu July 14, 2011
More News From WRVO

Cuomo vetoes schools pension borrowing bill

ALBANY, NY – Governor Andrew Cuomo vetoed a bill that would have allowed school districts to borrow up to $1 billion dollars against the worth of their pension funds, saying it would be fiscally irresponsible and reckless.

WRVO Capitol Correspondent Karen Dewitt reports the veto shored up his support from groups focused on lowering taxes.