Sean Ryan suggests bonds to solve Buffalo's budget issues

BUFFALO, N.Y. (WIVB) -- On Sunday, New York State Senator Sean Ryan took to Niagara Square to announce his plan to deal with the financial problems of the Queen City -- deficit finance bonds.

“We have to look at solutions that actually provide a structural balance to our budget. And this is the solution,” said Ryan.

Ryan proposed introducing legislation that looks to allow the Buffalo Control Board to issue a deficit-financing bond to cover the city's budget gap this year and for the next four years.