Budget Gap

A man plays video keno (file/credit: Ethan Miller/Getty Images)

Conn. Lawmakers Seek To Repeal Keno Authorization Amid Budget Surplus

Democratic House speaker Rep. Brendan Sharkey said revenue from the bingo-style game is no longer needed to help balance a state budget that now has a $500 million projected surplus.

02/19/2014

Half Hollow Hills East High School (Photo: CBS 2)

Dire New Fiscal Reality Stuns Residents In Affluent Long Island School District

Parents in one Long Island school district are furious. They’re suddenly being told they have to make a terrible choice: pay drastically higher taxes, or possibly see some schools shut down.

01/09/2013

Mayor Michael Bloomberg (credit: Spencer Platt/Getty Images)

Mayor Bloomberg Calls On City Agencies To Make Big Spending Cuts

Councilman Lewis Fidler is concerned and argues that spending cuts or raising taxes are not sufficient answers to the problem.

10/04/2011

Ed Mangano (file / credit: County Executive's Office)

L.I. Lawmaker Wants To End ‘Cruise To The Show’ Event

With Nassau County struggling to close a $310 million budget gap, one county lawmaker is calling for the cancellation of Sunday’s antique car show at Eisenhower Park.

09/17/2011

Generic Ambulance File Photo (credit: CBS 2)

Report: NYC To Charge Private Hospitals For 9-1-1 Ambulances

Some medical professionals said they worry the fees will prompt some private hospitals to stop providing ambulance service.

12/09/2010

NJ Governor Chris Christie (Photo by Stephen Chernin/Getty Images)

Budget Officer: NJ Faces $10.5B Deficit Next Year

NJ’s legislative budget officer told an Assembly committee Thursday the state faces a $10.5 billion deficit in the next fiscal year.

WCBS 880–08/05/2010