New York passes budget - WCAX.COM Local Vermont News, Weather and Sports-

New York passes budget

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ALBANY, N.Y. -

New York has a budget. Lawmakers struck a deal just before midnight, finalizing a $135 billion spending plan.

The budget includes a $350 tax rebate for most middle class families and a new minimum wage that will rise to $9 over three years. The budget also raises billions by extending an income tax surcharge on millionaire earners and a business tax on energy costs.

This is New York's third straight on-time budget after decades of missed deadlines.

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