Posted by A federal jobs bill expected to pass next week in Washington is expected to bring $2.3 billion in budget aid to New York state, and another $700 million to help counties and New York City.
Sen. Chuck Schumer says the aid could help the state and counties to avoid cuts in spending, layoffs, or increased taxes. The assistance will extend a boost in federal Medicaid reimbursements.
The increase in Medicaid reimbursements was originally passed as part of the federal stimulus. Schumer says Monday the bill would send New York an estimated $2.3 billion over the first six months of 2011, with upstate New York and Long Island counties in line to receive an additional $200 million and New York City getting $500 million.
Nationwide, states would get $24.7 billion.
Source: AP
