NY lawmakers question Cuomo economic development efforts
February 02, 2017 05:29 AM
ALBANY, N.Y. (AP) - Lawmakers from both parties are criticizing Gov. Andrew Cuomo's economic development efforts, pointing to lackluster results as evidence that New York isn't doing enough to spur job creation.
Members of the Assembly and Senate on Wednesday grilled Cuomo economic development chief Howard Zemsky during a state budget hearing.
Many questions focused on Start-Up NY, a high-profile program that waives taxes for participating businesses.
Cuomo touted Start-Up as a potential "game changer" but a report issued last year showed it has only generated 408 new jobs in two years.
Republican Assemblyman Steve McLaughlin called Start-Up an "epic failure."
The Democratic governor is proposing a new name and new rules to improve the program.
Zemsky defended Start-Up and other economic initiatives, saying they've helped reduce unemployment and improve the state's business reputation.
Created: February 02, 2017 05:29 AM
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