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New York Budget Crisis

State Budget FINALLY Approved

dnainfo.com | Posted 05.25.2011 | New York

By Heather Grossmann DNAinfo News Editor MANHATTAN -- New York State finally passed it's four-month late budget with the State Senate's approved o...

Paterson Threatens To Shut Down State Government

nytimes.com | NICHOLAS CONFESSORE | Posted 05.25.2011 | New York

Gov. David A. Paterson said on Tuesday that he would include furloughs for more than 100,000 state employees in his next emergency budget bill, settin...

State Government Could Shutdown Monday

nytimes.com | NICHOLAS CONFESSORE | Posted 05.25.2011 | New York

State officials began preparing on Wednesday for what they said would be the first government shutdown in New York history as prospects for the passag...

Paterson: 'Likely That... State Will Run Out Of Cash Again'

Albany NY | Posted 05.25.2011 | New York

Just off his widely reported delayment of state school aid payments due to a lack of funds, Gov. David Paterson hinted that the state may have to with...

NYC Saves SRO Supportive Housing

Diane Louard-Michel | Posted 05.25.2011 | New York
Diane Louard-Michel

Mayor Bloomberg has confronted the growing numbers of New Yorkers forced to seek shelter from the storms of economic crisis, homelessness and chronic health challenges.

Paterson: Budget Failure Could Mean Depression In New York

Crain's New York Business | Posted 05.25.2011 | New York

A defiant, though occasionally jocular, Gov. David Paterson tried Monday to set aside the swirl of rumors surrounding his immediate future and get bac...

Student Metrocards Only Get $25 Million From New Paterson Budget

nydailynews.com | By Pete Donohue | Posted 05.25.2011 | New York

Gov. Paterson's budget provides $25 million for student MetroCards - a tiny fraction of what the MTA says is needed to keep providing free bus and sub...

Comptroller DiNapoli: New York Running $4.1 Billion Budget Deficit

nytimes.com | DANNY HAKIM | Posted 05.25.2011 | New York

Deteriorating economic factors have propelled New York State's projected budget deficit to $4.1 billion, according to the state's comptroller, who war...

Unions, NY Assembly Want To Curb 'Temporary' Hires, Governor Paterson Disagrees

AP | MICHAEL GORMLEY | Posted 05.25.2011 | New York

ALBANY, N.Y. — Public worker unions and New York's Assembly are angling to curb the hiring of temporary workers and consultants instead of perma...

New York Legislature Fails To Solve Budget Crisis

AP | MICHAEL GORMLEY | Posted 05.25.2011 | New York

ALBANY, N.Y. — New York lawmakers headed home Thursday without agreement on how to address the state's fiscal crisis. The Legislature was in se...