Cuomo: State facing $2.3 billion shortfall

ALBANY — New York state is facing an unexpected $2.3 billion shortfall due to a sharp drop in income tax collections for December and January, state Comptroller Tom DiNapoli and Gov. Andrew M. Cuomo announced on Monday.The governor, a third-term Democrat, attributed the drop largely to the 2017 federal rollback of the state and local tax deduction, known as SALT, which he said was designed to penalize Democratic "high-tax" states.Starting in 2018, the new tax bill placed a $10,000 cap on S