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Former New York Governor Hugh Carey dies at 92

The Park Slope native led the state through the fiscal crisis of the 1970s.

Hugh Carey, the two-term New York governor who helped New York City avert bankruptcy during the 1975 fiscal crisis by imposing financial controls, died this morning at his home in Shelter Island. He was 92.

Carey, who was born in Park Slope, was a Democrat who served in Congress as a representative from Brooklyn and later made financial discipline a priority from his first days after taking over as governor in 1975.

Declaring that New York state had been “living far beyond our means,” he told the legislature in his first State of the State speech that “the days of wine and roses are over.” He is remembered for the tough choices he made to cut taxes and balance the state budget -- and he also led the "I Love New York" marketing campaign.

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