Congress will spend the weekend in Washington trying to reach an agreement to avoid a government shutdown. Here in New York, officials are wondering what a shutdown could mean for them. While Governor Andrew Cuomo seems to think the impact on the state will be minimal, others are a little more concerned about how a shutdown could impact the state's delicate economic recovery. Capital Tonight's Nick Reisman has more.
NEW YORK STATE -- As a potential federal government shutdown looms in Washington, state officials in New York are mixed as to what the impact might be. For Comptroller Tom DiNapoli, a federal shutdown could hurt the economic recovery statewide and nationally.
DiNapoli said, "Nothing good, certainly our overall concern is the fragile recovery mode that we're in right now."
The fight to keep the government open or shut it down comes as major parts of the Affordable Care Act begin to take effect on Tuesday, the same day New York's health insurance exchanges become active. Governor Andrew Cuomo says there won't be an impact on the state or the health care implementation should a shutdown occur.
"My guess is, uninformed guess is that at the end of the day it doesn't happen, but even if it did, it's not going to have an impact on this state, especially the type of shutdown they're talking about," Cuomo said.
Cuomo's budget chief agrees that the state's finances will remain stable in the short term.
"It's never a great thing to have the federal government shutdown, but immediate impact on New York State, there should be no immediate fiscal impact," said Division of Budget Director Robert Megna.
DiNapoli also contends there are larger issues that could still hurt New York, such as automatic budget cuts and the fight over the debt ceiling.
"They need to avoid that at all costs and frankly they do need to get on that larger issues that's looming as well, the sequestration, the automatic budget cuts," DiNapoli said.