02Logo WFAN 1010WINS WCBS tiny WLNYLogo

Budget Deficit

Connecticut Gov. Dan Malloy (file / credit: Governor's Office)

Conn. Non-Profits Fear Shut Downs If Lawmakers Approve Funding Cuts

Mental health providers said they won’t be able to sustain any more funding cuts and some may be forced to stop providing critical services to those most vulnerable.

2012/12/19

Connecticut State Capitol in Hartford (file / credit: Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.)

Conn. Mental Health Expert Fears Services Will Be Cut As Lawmakers Work To Close Budget Deficit

The governor’s office has previously ruled out tax hikes as a way to raise revenue. Clinic psychologist Dr. Philip Guzman worried some of the cuts may come from programs that offer help to those with mental health and developmental problems.

2012/12/18

Connecticut State Capitol in Hartford (file / credit: Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.)

Comptroller Puts Connecticut’s Budget Deficit $50 Million Higher Than Governor’s Office

Comptroller Kevin Lembo now puts the shortfall at $415 million due to lower than expected revenues and overspending in Medicaid and social services. A spokesman said Gov. Dannel Malloy disagrees with the comptroller’s deficit projection, saying it is about 12 percent too high.

2012/12/04

Pictured (left to right): Presiding Officer of the Nassau County Legislature Peter Schmitt; Nassau County Executive Ed Mangano; Nassau County Comptroller George Maragos (credit: Nassau County Executive’s Office)

200 More Jobs To Be Cut Under Nassau County Deficit Reduction Plan

He’s vowing not to raise property taxes in the current political climate, but with sales taxes down, and revenues from red light cameras down, Nassau County Executive Ed Mangano still faces a staggering budget deficit.

2012/07/23

Town of Islip street sweeper (credit: Mona Rivera/1010 WINS)

Councilman: Town Of Islip Facing $26 Million Deficit

The budget task force has determined the town is facing a financial crisis caused by years of “fiscal mismanagement and wasteful spending.”

2012/04/26

Kathie Embleton among the Suffolk county workers who packed the auditorium (credit: Mona Rivera/1010 WINS)

Suffolk County Approves Reduced Layoff List

Originally the plan called for 464 layoffs but County Executive Steve Bellone had revised the list to reduce the number of those being let go while reaping the same savings.

2012/04/24

Suffolk County Executive Steve Bellone

Suffolk County Officials Eye Plans To Close Projected $530 Million Budget Gap

County Executive Steve Bellone has said the books for 2011 are likely to close with a $33 million deficit. The 2012 budget gap estimate is $148 million and grows to $349 million in 2013.

2012/04/02

Red-light camera

Suffolk County Considers Red Light Cameras As Key Part Of Budget Deficit Fix

The county estimates that with the additional red light cameras and by processing its own traffic violations they could make some $20 million annually.

2012/03/29

Money graphic. (Credit: AP)

Yonkers Running Out Of Time To Close Budget Gap, Avoid Fiscal Crisis

In New York’s fourth largest city, the budget crisis is so severe that there has been talk of a state takeover. Rescue talks in Yonkers are going down to the wire.

2011/06/01

Classroom (credit: CBS 2)

Schools Will Bear Brunt Of Yonkers Budget Woes

Major layoffs are looming in New York’s fourth largest city. Yonkers is facing yet another budget crisis, with schools enduring much of the pain.

2011/04/15

N.Y. Gov. Andrew Cuomo

Analysis: Gov. Cuomo Takes Bill Clinton’s Path

In a picture hanging in New York Gov. Andrew Cuomo’s inner office, Cuomo is a young housing secretary at a Democratic dinner dais where his father, then-Gov. Mario Cuomo, was to introduce Bill Clinton, the president and Andrew’s boss at the time.

2011/04/09

Mayor Michael Bloomberg is seen across from Lower Manhattan - Brooklyn, NY - Mar 14, 2011 - Photo: Spencer T Tucker / Mayor's Office

Bloomberg Lashes Out At State Budget

Mayor Michael Bloomberg says the new state budget unfairly singles out the city and makes it impossible to prevent layoff and cuts in services.

2011/04/03

Lawmaker’s Lawsuit May Challenge Conn. Budget

A state senator’s legal challenge of a little-known fee on many Connecticut electric bills could create yet another massive hole in the state’s already deficit-plagued budget, should the tea party-backed lawmaker win in court.

2011/03/27

N.Y. Gov. Andrew Cuomo

Analysis: Parents, Kids Find Budget Pain In NY

There’s hidden pain in New York’s hard-times budget proposal beyond the public workers who face a pay freeze after steady raises during the recession, or teachers who might have to rely only on automatic 3-percent step increases instead of raises this year, or agencies facing a 10-percent cut in operating funds.

2011/02/26

Connecticut Gov. Dan Malloy - File / Photo: Governor's Office

Conn. Gov. Malloy’s Approach To Budget Mess Is Unique

While other governors are waging tense battles with state employees, proposing deep spending cuts and taking no-tax-increase pledges to cover their budget shortfalls, Connecticut Gov. Dannel P. Malloy is taking a different tack.

2011/02/19

more

Listen Live!

Follow CBS New York

Like us on foursquare

New York City Guides

Tornado Help
Tornado Relief
How to help the residents of Moore, Okla., after the deadly top-of-the-scale EF-5 twister.
 New York City Guides
Food & Drink
The latest on New York City’s diverse dining scene: Restaurant openings, the best meals, and fun takes on food.
 New York City Guides
Nightlife & Bars
From events to the latest cocktail creations, all you need to navigate the extensive NYC nightlife scene.
 New York City Guides
Family & Pets
Plan a weekend getaway with the kids, share tips with fellow parents or find a groomer that suits your pooch.