Gov. Cuomo was in Schenectady to announce his local economic development council.

The TU asked him how NY would deal with demands by GLOBALFOUNDRIES for $1 billion to build a second fab in Malta. The 10 regional councils will have access to $1 billion. It cant. all go to GloFo, right? Cuomo said A lot of companies want a lot of money to do a lot of thingsThis money is very scarce.. We just worked very hard to balance the.the state budget.

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