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Bailout

: Calculated Risk

State and Local Government budget cuts: A 2011 Theme

By Anonymous

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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

Full post as published by Calculated Risk on January 03, 2011 (boomark / email).

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