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Paterson says budget deficit is growing

Started by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
interesting that the state was projecting more from Wall Street... >> Paterson says budget deficit is growing Gov. David Paterson projects that the shortfall for the 2010-2011 fiscal year has grown by $750 million to $8.2 billion, as state comptroller shows concern for revenue projections http://www.crainsnewyork.com/article/20100203/FREE/100209952/1097
Response by Apt_Boy
almost 16 years ago
Posts: 675
Member since: Apr 2008

Paterson said today that New York’s budget gap next year will be 10 percent wider than projected two weeks ago because Wall Street cash bonuses are less than forecast.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCO43lo9gM84&pos=6

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Response by JuiceMan
almost 16 years ago
Posts: 3578
Member since: Aug 2007

Can you believe the irony in this?

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

of course, corporate profits should be higher... and dividends if they pay some of it out...

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Response by w67thstreet
almost 16 years ago
Posts: 9003
Member since: Dec 2008

In other news...scientists say objects dropped from high places will fall to the ground....

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