Budget Deficit

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.


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.


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.


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.


N.J. Gov. Chris Christie

Gov. Christie’s Budget Expected To Include Medicaid Cuts

New Jersey Governor Chris Christie will be unveiling his budget next week, and it seems inevitable that he plans on making cuts in Medicaid, the program that helps the poor get medical services.


Gov. Andrew Cuomo speaks at his inauguration - Albany, NY - Jan 1, 2011 - Photo: Nathaniel Brooks-Pool/Getty Images

Analysis: Cuomo Expected To Threaten Layoffs

Gov. Andrew Cuomo’s firm yet vague threat to lay off thousands of state workers as part of the budget he’ll present Tuesday has employees and their families shaking.


Mayor Michael Bloomberg

Bloomberg Pledges No New Taxes In State Of The City Address

Bloomberg said in his speech Wednesday on Staten Island that spending cutbacks won’t stop New York from transforming itself into a city of the future.


Dan Malloy (Credit: Getty Images)

Malloy E-Mail Triggers Ideas From Conn. Workers

State employees are providing some tips for Connecticut Gov. Dannel P. Malloy as he prepares to tackle a budget deficit projected to top $3 billion.


Dan Malloy (Credit: Getty Images)

Conn. Officials Brace For Possible Budget Cuts

As Gov.-Elect Dan Malloy prepares to be sworn in on Wednesday, other Connecticut elected officials are preparing for possible budget cuts and tax increases.


Dan Malloy (Credit: Getty Images)

Conn. Gov.-Elect Preps For $3.5 Billion Deficit

As Connecticut’s Gov.-Elect Dan Malloy prepares to swear into oath on Jan. 5, the thing on everyone’s mind is his biggest challenge, the budget.


Gov. Andrew Cuomo

Cuomo Among New Govs Taking Office Amid Historic Budget Crisis

New York’s incoming governor, Democrat Andrew Cuomo, says he won’t raise taxes even though he will inherit a budget deficit of at least $9 billion when he takes office in January.


Gov. David Paterson (credit: Getty Images)

Union Claims Paterson Added Top Aides Amid Layoffs

The Civil Service Employees Association released the data from a state Freedom of Information request made to the Paterson administration.


Gov. David Paterson (Credit: Jemal Countess/Getty Images)

Paterson’s 900 Worker Layoffs On The Way

The nearly 900 New York state workers scheduled for layoffs Dec. 31 are getting information about their rights in a grim holiday mailing.


A Newark Police Department cruiser. (Credit: CBS 2)

Newark Police Union To Vote On City’s Proposal

The union for Newark police made the decision after a morning public appeal from Mayor Cory Booker. 167 officers would be be laid off if no agreement is reached.

1010 WINS–11/20/2010

Layoff notices are seen ready for mailing to members of the Newark Police Department - Newark, NJ - Oct 13, 2010 - Photo: Levon Putney / WCBS 880

Judge Blocks Newark Police Layoffs

A superior court judge issued a 10-day delay in the layoffs of Newark police officers.