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Home / New York Governor Threatens More Taxes and More Job CutsNew York Governor Threatens More Taxes and More Job Cuts
Last Updated on Wednesday, 25 March 2009 10:11 Written by rslcpol Wednesday, 25 March 2009 10:11
This comes just a week after the “What Hiring Freeze; 8,000 new hires“.
From the Buffalo News:
New York’s fiscal problems are growing more dire by the day, leading Gov. David A. Paterson on Tuesday to threaten 8,900 state worker job cuts and the prospect of billions of dollars in tax hikes on residents to help balance the moribund budget.
Just hours after announcing the projected 2009 deficit had grown in just the past month by $2.2 billion, to $16.2 billion — the greatest in state history — the Paterson administration said public employee unions had refused to negotiate concessions and there was no choice but to impose the first layoffs of state workers since the early 1990s.