Legislative leaders are passing up a chance to reduce New York State's excessive debt burden - already one of the highest in the nation - and to achieve structural balance between revenues and spending.

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He's an unusual politician, and he's certainly proving it here today by putting the city's long-term interests ahead of short-term political gain. I can't think of any criticisms right now because I am so struck by what an unusual and prudent thing that it is to do.

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