
The New York Times reported today that even though Mayor Michael Bloomberg says he is trying to avoid laying off more city workers, his aides have actually encouraged the job cuts through a budget maneuver. Obviously, this is all done quietly and information is not released to the public.
The plan is to cut spending by $1.7 billion over the next 18 months. The mayor’s office has added the cost of fringe benefits, such as employee health care and social security contributions, to the agencies’ individual budgets. Fringe benefits cannot be reduced until a job is terminated completely.
What seems like a small …continue reading
