Lt. Governor Richard Ravitch released his plan to salvage New York's faultering economy and maybe begin to payoff the state's $60 billion cumulative deficit.
Ravitch calls for moving the state fiscal year from April 1 to July 1 and for the state to borrow up to $2 billion a year.
As I type, he is briefing legislators on his plan.
Here's the report.
28157343-Ravitch
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