New York City $4 Billion Budget Deficit Forces Cuts, Hiring Freeze

[Omaha Steve]

http://www.laborradio.org/node/14197

Submitted by Doug Cunningham on September 22, 2010 - 5:53pm
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New York City is staring down the barrel of a $4 billion budget deficit next year. Mayor Michael Bloomberg has called on his city commissioners to look at their departments and slash a combined $800 million from the current budget and $1.2 billion from the next budget. On Tuesday he announced a hiring freeze as well as hinted at the possibility of making layoffs.