Deficit

Gov. Christie Hosts First Town Hall Since Budget

Christie goes to West Deptford after presenting a $29.4 billion budget that would require the Democratic-controlled Legislature to enact major changes to public employees’ pension and health benefits.

2011/02/24

Governor Chris Christie (Governor's Office/Tim Larsen)

Gov. Christie Delivers Ultimatum In Staunch Budget Speech

Chris Christie’s second annual state budget address will likely ruffle feathers and bolster his reputation among his supporters as a fiscal conservative.

2011/02/22

MTA To Vote On Bus Service Reductions

The hardest hit lines include the B36 bus in Brooklyn and M22 bus in Manhattan, both of which would see fewer weekend buses.

2011/01/26

MTA May Cut Bus Service Throughout NYC

The agency said it will save $300,000 a year with the cost-cutting plan.

2011/01/25

Buildings are seen on West 56th Street - New York, NY - Jul 24, 2010 - Photo: Evan Bindelglass / WCBS 880

DiNapoli: New York City Economy On The Rebound

The State Comptroller reported that New York City’s economy is recovering faster from the recession than the rest of the state and nation.

2010/12/16

Report: Paterson Doled $16.7M In Grants Last Week

The Times Union of Albany reported that Paterson allocated the money for a youth chess program and to promote a New Jersey-New York Super Bowl, among other things.

2010/12/06

Andrew Cuomo (credit: Michael Nagle/Getty Images)

Cuomo To Lawmakers: Get Smart About Fiscal Woes

Governor-elect Andrew Cuomo is already sharpening his budget ax and school aid is among his first targets. He said the billions New York has spent to educate children has not paid off in results.

2010/11/08

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

Paterson: Hard Times To Get Worse For N.Y. Deficit

ALBANY, N.Y. (AP) — New York’s hard times just got harder. The Paterson administration says closing the latest deficit may require cuts of perhaps 1 percent in every area including a midyear cut in school […]

2010/11/04

New York City Subway and Bus Fares May Increase

Report: MTA Debt Could Cause Fiscal Disaster

According to the Daily News, transit riders are facing even bigger fare hikes and additional service cuts if the next governor of New York doesn’t increase funding.

2010/10/21