Fate of counties' borrowing plan murky
Photo credit: Office of the Governor | Senate co-leader Dean Skelos penned an op-ed for the Albany Times Union saying public financing has been a recipe for corruption and that taxpayers’ money should instead be used for schools, roads and other traditional government expenditures. (March 20, 2013)
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The fate of a proposal to allow Nassau and Suffolk counties to borrow up to $500 million each through the state Dormitory Authority was unclear last night as Democrats and Republicans in Albany moved toward the end of the legislative session.
Democrats who control the state Assembly said the proposal faced very long odds.
But Senate co-leader Dean Skelos (R-Rockville Centre) said the...
