Republicans argued that the measure would cut $104 billion from the budget proposal over five years.
Such measures, officials and insurers say, could cut losses by up to $1 billion a year in New York.
The measure could cut the team's cost of occupying the stadium by as much as $60 million.
Had it passed, his measure would have cut $1 billion from the nation's intelligence services and $3 billion in military programs.
If, however, other countries take similar measures to cut pollution, the situation obviously improves.
But while some preventive measures may cut costs, others may not.
The temporary measure will cut the Government's spending significantly below this year's level.
Cuomo administration officials said the measures would cut costs without affecting basic service.
"It is unclear to us how this measure cuts that amount of cost from the system."
Write-offs will cover plant closings and other measures to cut production costs.