Progress has been made at the state Capitol where Governor Paterson and the Legislature have agreed to $427 million in budget cuts for this year.

The Senate is coming back to Albany this morning to vote on a plan to cut the state budget by $1 billion over two years. Assembly members voted well into the night and as expected passed what's called a "circuit breaker" system, a plan the Senate is not expected to sign off on. Capital Tonight's Erin Billups has an update for us.

It was a late night for lawmakers who were called back to Albany on Tuesday for a special session by Governor Paterson. The Governor called on the Legislature to make nearly $600 million in budget cuts. Josh Robin has more.

Obama to announce VP candidate, McCain and Obama come to agreement on ads.

By the end of the week, we'll know Barack Obama's choice for his number-two. Obama will announce his vice presidential choice in the coming days, but the end of the week appears more likely.

It appears the race for Congress in the 25th District will be a three way affair. Howie Hawkins has filed independent petitions seeking a ballot spot for the race against Democrat Dan Maffei and Republican Dale Sweetland.

John Kerry has broken his silence about John Edwards' marital infidelity, saying he feels "very, very badly" for the Edwards family, especially Elizabeth Edwards and the couple's three children.

Saratoga Springs was the site of the first fundraiser for Senator Barack Obama in the Capital Region.

With the Legislature returning to Albany on Tuesday, nearly half of New Yorkers describe the state's fiscal condition as poor, according to a new poll from the Siena Research Institute.

If you pay property taxes, you probably heard by now about the Governor and Senate's plan for a tax cap. It limits by how much a school district can increase its budget each year. But as Curtis Schick reports, some say all you have to do is look east for reasons why the plan has problems.

As state legislators come back to Albany for Governor David Paterson's special session, there is some infighting within the state Senate. Molly Kroon has the details.

Governor Paterson has convened an all-star team of economists and other experts to discuss the state's budget deficit.

Environmentalists are hoping that Senate Majority Leader Dean Skelos will be a key player for New York's first bottle bill.

New York State troopers have a new four-year labor deal after working for more than a year under an expired contract.

Just one day to go until a special session of the state legislature. Lawmakers will be working on revising the budget. Governor Paterson wants to cut $2 billion from the budget.