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Gov. David Paterson For the first time in history, New York State is not just broke but in debt. To paraphrase a line by Louis C.K., if being broke is having no money then New York would have to raise hundreds of millions of dollars just to be broke. According to the … Here are a few stories that you might have missed this week: -New York City’s outer boroughs will be getting a new area code with the amount of numbers expected to run out by 2012. People who are currently in the 718 or 347 area codes will keep their current codes. -Several education groups have sued Governor …  Aw, The Poor Transit Union… It’s tough to be a state agency that is among the most financially irresponsible and then endure a nearly $400 million budget cut but that is exactly what is going on with the MTA who will now be passing its financial irresponsibility woes onto New Yorkers. Meanwhile, transit workers will …
David Paterson After consistently pleading with the state legislature, particularly the state senate, to cut the New York State budget by $3.2 billion to prevent an economic collapse, Governor David Paterson has taken matters into his own hands and is now withholding 10% of the aid due to government agencies and schools.
An All Too Familiar Sight After legislators told the MTA that they would have $143 million less to spend in 2010, it was discovered that the number would actually be $343 million thanks to a very costly error. As the legislature began to make cuts for next year to cut the state’s … 
NY Gov. David Paterson While Governor David Paterson has been pushing the legislature to cut the state budget by $3.2 billion, top Democrats have been reluctant to make the tough cuts to education and hospitals, opting to push for bigger debt in order to keep their jobs. While the State Assembly is … |
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