Demons & Dialog

Exposing hidden news, history, & the new world order

NY: Many City Residents Brace For Service Cuts

leave a comment »

City residents have mixed reactions to the mayor’s so-called “doomsday” budget, which will plug a $4 billion deficit by reducing funding to services like public libraries, in addition to shrinking the city’s workforce and possibly raising taxes.

On Friday, Mayor Michael Bloomberg pledged to make cuts in the 2009-2010 fiscal year to fill the city’s deficit, which has ballooned from just over a billion dollars only a few months ago, largely due to the financial downturn at Wall Street.

Bloomberg said without increased federal or state aid, the city could be forced to cut about 23,000 jobs through layoffs and attrition, with many job cuts coming from the public school system……

NY1

Advertisements

Written by Michael Cooper

January 31, 2009 at 9:17 pm

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: