DiNapoli: Cliff Deal Is “Welcome News”
New York State Comptroller Thomas DiNapoli says he's "relieved" that tax cuts for most middle class taxpayers have been extended by the so-called "fiscal cliff" agreement in Washington.
In a statement released by his office this afternoon, DiNapoli said he viewed the congressional action as "welcome news."
The comptroller said New York state's economy would have been dealt a "crushing blow" if a deal had not been reached to avert what he described as "onerous tax hikes and spending cuts."
DiNapoli noted many part of the state continue to struggle to recover from the recession. He acknowledged the agreement has flaws but he said he was pleased that millions of New Yorkers will be spared from the alternative minimum tax.
The comptroller added his voice to those of many New York and New Jersey officials calling on the House of Representatives to approve the Hurricane Sandy aid package that's been passed by the Senate.
DiNapoli said those hit hardest by the storm should not have to endure more suffering "because of political delay."