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"ALBANY – Gov. Cuomo’s economic development programs came under fire Wednesday during a legislative hearing that kept his economic czar in the hot seat for hours. Democrats and Republicans alike skewered the administration for its lack of success, transparency and oversight on the Buffalo Billion, Start-Up New York and the Excelsior Jobs programs. All three provide tax breaks to companies that add jobs or new investments in the state. E.J. McMahon of the Empire Center, a government watchdog, said US Attorney Preet Bharara's investigation into the Buffalo Billion has 'cast a pall over the state's economic development programs.' One of Cuomo's former top aides, Joseph Percoco, is among those being investigated. In one of many terse exchanges between lawmakers and Howard Zemsky, head of Economic State Development, Assemblyman Harry Bronson (D-Rochester) told Zemsky, “I think we need to be punitive when we’re not meeting the", nypost.com
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