NY State budget agreement reached

Robin Humphrey —  Thursday, March 21, 2013

Gov. Cuomo and legislative leaders say they have an agreement on a state budget that would include raising the minimum wage to from $7.25 to $9 an hour over the next three years.

The closed-door agreement announced last night puts Albany on track to pass the third straight on-time budget.

The 2013-14 spending plan would increase state spending just under 2 percent, to about $136 billion.

Now, the Senate and Assembly must print and pass the bills by next week to beat the April 1 deadline.