A report by the state’s comptroller finds the state might run out of cash to meet its payments as early as next month, and faces an immediate gap of $9 to $10 billion, now that the tax deadline has been extended until July 15th. Karen DeWitt spoke to Comptroller Tom DiNapoli about a crisis that he says is worse than the Great Recession more than a decade ago.
NYS Comptroller Says Financial Future Is Bleak Without More Federal Aid
Mike Groll
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AP
