Thursday, May 07, 2009

State Revenues Eat Doyle's Lunch

No surprise at all--except that Three-Card-Monte may actually reduce his spending.

...Doyle said Thursday the budget deficit has exploded to up to $6.5 billion - a historic gap he wants to fix by laying off hundreds, furloughing all state workers for 16 days, rescinding 2% pay raises for some workers and deeper cuts in aid to schools and local governments

...State government collected 35% less in income taxes in April, which includes the April 15 tax filing deadline, than in the same month last year, for example. Sales and corporate taxes also declined

...The state will ask union members to reopen contract negotiations to achieve...2% in payroll savings, or about $36 million a year. If the union doesn't negotiate the pay cut, the state would need to lay off about 400 workers over the next two years

VERY slowly inching his way to meeting his promise of "cutting State employment" by 3,000 10,000 positions.

1 comment:

steveegg said...

No surprise at all--except that Three-Card-Monte may actually reduce his spending.He might reduce the rate at which he increases spending, but actually reduce spending? Surely you can't be serious.