Highlights of Cuomo's 2013-2014 Budget Proposal

By Adam Chick

Highlights of Cuomo's 2013-2014 Budget Proposal

January 22, 2013 Updated Jan 22, 2013 at 5:33 PM EST

Albany, NY (WBNG Binghamton) Governor Andrew Cuomo delivers his 2013-2014 budget address with the promise to restore trust, and renew the purpose of government.

In Albany Cuomo outlined a $136 billion spending plan, an increase of almost 2% from the current budget. But the plan would eliminate the estimated $1.3 billion budget gap.

Cuomo won't seek to raise taxes or fees. Instead, his plan includes continuing with existing revenue sources along with reorganizing and consolidating state facilities.

"If we went with new taxes we would certainly interrupt the progress we've been making," said Cuomo.

Cuomo also wants to increase education aid by more than 4%, or an additional $889 million.

It also calls for a minimum wage increase to $8.75 an hour in New York.

The Governor is looking to get the budget passed on time for the third consecutive year. It's due to be passed and signed by April 1.