The legislature and governor are still at odds over how to balance the budget, which is now 89 days late.
Gov. David Paterson predicted that another week-long budget extension bill would be required after June 20.
The MTA will hold public hearings over proposed station agent cuts but makes no promises about holding onto jobs.
A 21.5 percent drop in Wall Street wages could have a devastating affect on the local economy, according to a new report.
The mayor said that he will not provide the 2 percent raise, which had been promised to city teachers and principals.
The judge ruled that the furloughs would cause “irreparable” harm and issued a temporary restraining order against them.
The furlough will affect about half the state's workforce and save the state government about $30 million a week.
Bloomberg’s grim $63 billion 2011 budget was especially brutal for the education department, which will lose 6,400 teachers, and the FDNY, which will lose 400 firefighters and need to eliminate staffing at 20 engines.
Get Our Daily New York Newsletter
Thank you for signing up!
Would you like to sign up for additional newsletters?
Thank you for signing up for additional newsletters.