BALCONY - Business and Labor Coalition of New York
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Working Men and Women Must Not Bear the Burden of NYS Budget Crisis

November 11th, 2008

Statement by Alan Lubin and Bruce Ventimiglia, Co-Chairmen of BALCONY, The Business and Labor Coalition of New York.

The Wall Street Meltdown was not created by working men and women and they must not be forced to bear the brunt of New York State’s Budget Crisis.

Destruction of the public workforce, schools, state services and health care would leave our state with a terrible economy, hasten our decline and dramatically impact the ability of small businesses to survive.

The state must be more realistic in its solutions to repair the budget shortfalls. Just as the federal government has moved quickly to support the financial sector with almost a trillion dollars, so too must Washington provide the assistance necessary for New York State and other states.