tags

deficit

Recent Headlines

New York City

January 29, 2013

Mayor Bloomberg's Final Budget Slashes Teacher Jobs, Afterschool Programs

Mayor Michael Bloomberg unveiled his final budget Tuesday at City Hall.

Financial District

September 19, 2012

9/11 Health and Compensation Act Facing Nearly $40 Million in Federal Cuts

The James Zadroga 9/11 Health and Compensation Act could face $38 million in federal cuts next year.

New York City

September 14, 2012

Mayor Orders $2.5 Billion in New Budget Cuts

City agencies are being asked to slash millions from their budgets yet again.

Manhattan

January 17, 2012

Governor Will Withhold Extra School Aid Without Teacher Evaluation System

Gov. Andrew Cuomo threatened to withhold schools funding without teacher evaluation systems.

Manhattan

April 05, 2011

Plastic Bag Tax Toted as Potential Revenue Raiser

A 6-cent tax on disposable plastic bags could generate $94 million a year, the city's Independent Budget Office said.

Midtown

February 20, 2011

Elderly Plead with Lawmakers to Save Senior Centers

Between 100 and 110 of the city's 256 senior centers will be forced to close because of budget cuts, officials said.

Manhattan

February 18, 2011

Bloomberg Announces Deep Cuts to Schools, Daycare to Balance Budget

Mayor Michael Bloomberg is seeking to lay off 4,666 teachers and lose another 1,500 through attrition.

Manhattan

February 02, 2011

Bloomberg to Albany: You Cut Our Budget, Now Cut Our Costs

Mayor Michael Bloomberg said Tuesday's budget plan strips the city of nearly $2 billion in state funding.

Manhattan

February 01, 2011

Education, Medicaid Slashed as Gov. Cuomo Drops Budget Ax

The governor's newly released budget includes serious cuts, including $518 million less in education aid for the city.

Manhattan

January 28, 2011

Bloomberg Warns That 15,000 Teachers Could Be Fired

Gov. Andrew Cuomo will announce next Tuesday how much education funding the city will lose.

Manhattan

January 21, 2011

State Government Turns to eBay to Unload Its Unwanted Junk

New York State has reportedly earned more than $1 million, selling everything from lawnmowers to vintage fire trucks.

Manhattan

December 20, 2010

Latest Budget Report Conflicts With Mayor's Read on City's Coffers

Despite predicting higher tax revenue, the Independent Budget Office said a drop in state funding could erase any gains.

Manhattan

August 25, 2010

New York Public Library Cuts Hours Across City

Libraries across the borough will be closing earlier and opening later under the latest round of budget cuts.

Manhattan

July 07, 2010

City's Election Board Says It Can't Afford 2010 Elections

The board says it doesn't have the cash to run both the primaries and general.