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Monday, January 03, 2011

State and Local Government budget cuts: A 2011 Theme

by Calculated Risk on 1/03/2011 08:54:00 AM

This will be a common story this year ...

From the NY Times: Cuomo Plans One-Year Freeze on State Workers’ Pay

Gov. Andrew M. Cuomo will seek a one-year salary freeze for state workers as part of an emergency financial plan he will lay out in his State of the State address on Wednesday, senior administration officials said.

... the immediate budget savings from the freeze would be relatively modest — between $200 million and $400 million against a projected deficit in excess of $9 billion
This weekend:
Summary for Week ending January 1st
Schedule for Week of January 2, 2011