NY billionaire Golisano to spend $5M on elections

By: The Associated Press

Tuesday, July 8, 2008 1:49 PM EDT

ALBANY -- Billionaire and former New York gubernatorial candidate Tom Golisano is putting up $5 million to back candidates in state elections this fall -- as long as they support his primarily fiscal agenda.
Golisano says the Responsible New York PAC launched Tuesday would support Republicans or Democrats, based on their answers to a questionnaire touching on eight issues.

Limiting budget increases, ending unfunded mandates, reforming property taxes, reforming campaigns and elections and keeping government employee compensation equal with the private sector are Golisano's priorities.

Golisano, founder of Paychex and owner of the NHL's Buffalo Sabres, ran for governor in 1994, 1998 and 2002 -- when he spent $75 million to get 14 percent of the vote.

The Citizens' Say

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There are 2 comment(s)

Farmer's Gal wrote on Jul 9, 2008 9:29 AM:

" Then look for the candidates he backs -- as ones who fall in line with key points of his thinking. "

Biggguy wrote on Jul 8, 2008 10:13 PM:

" New Yorkers mad a huge mistake by not electing Tom Golisano for govenor. If he had been in for a couple of terms, I think that taxes would be lower and the economy stronger. He is a smart man and knows what NY needs. "

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