We are not just looking for savings and efficiencies in the short term. We are also going after long term causes of cost growth. Taken together, These aggressive savings measures, maximal use of in year reserves, and daily recognition of updated revenues have allowed us to reduce the budget gap from $12 billion to $7 billion. I want to commend the members of my team who have exhausted every option to improve our fiscal outlook. I also want to thank Governor Hochul for her partnership. (08:16–08:29)
CLAIM
Asserts that measures have reduced the budget gap from $12 billion to $7 billion.
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