"We now have more than enough evidence to demonstrate that a lot of this programming, a lot of the spending, is not being spent wisely and we have to do something about it," state Sen. Jim Skoufis said after a hearing on economic incentives.
"For three quarters of a billion dollars I question how that is really helping small businesses generally," Ranslow told lawmakers.
Hope Knight, CEO of Empire State Development, responded when pressed about negative returns on investments, "Not during the time that I've been in this seat, but I can look back and see if that's been the case."
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