Carving the State Budget with a Steak Knife

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    NEWSLETTERS

    TK
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    Paterson says a responsible budget is more important than a timely one.

    State leaders may need a serrated edge blade to carve their way out of the New York's fiscal mess.

    Perhaps that's why Governor David Paterson, Lieutenant Governor Dick Ravitch and Democratic conference leader John Sampson dined together at Peter Luger steakhouse on Easter Sunday.

    Sources say the main topic of discussion was the late State budget.

    Paterson is still in New York City today but will return to Albany Wednesday when the legislature returns to session following more than a week off for the Easter/Passover holidays.

    The Governor's office says both the Senate and Assembly budget plans each fall short by about a billion dollars worth of cuts. And the legislature has yet to sign onto Ravitch's state bailout plan, which would involve some heavy borrowing.