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Governor Paterson Delivers His First State of the State Address

By WBFO News

Albany, NY – Governor David Paterson is presenting his vision for the state's future in his state of the state address Wednesday.

Traditionally it's the governor's opportunity to lay out his early plans for the budget. But the meltdown on Wall Street and subsequent fiscal crisis forced Paterson to present his financial plans in mid-December.

The $121.1 billion proposal includes layoffs, a cut in school aid, 88 new or higher fees, and the early release of 1,600 inmates.

In his address, Paterson will propose that New York join a growing list of other states that permit young adults as old as 29 to receive health insurance coverage under their parents policies. He says the proposal would reduce the number of uninsured New Yorkers by the tens of thousands but won't cost the state anything extra.

The governor's speech before a joint session of the Legislature, scheduled to begin at 1 p.m. Wednesday, opens the 2009 legislative session. WBFO will provide live coverage.