New York State’s projected budget deficit has grown to more than $9 billion, and while a 2 percent increase in income taxes would just about close the gap, according to the Times, Governor Andrew Cuomo has promised not to raise taxes. Instead, his proposed budget expected to be released in early February will include “large reductions in Medicaid and state education spending” and big cuts in the state workforce. The Buffalo News and Wall Street Journal report that 10,000 to 12,000 jobs could be cut, while the Times puts the number as high as 15,000. However you slice it, it’s going to be a lot of people. But will it be a Cuomo family record?
Not that this is a contest or anything. Although, with the Cuomos New York has referred to them as having “one of the most complex and competitive father-son relationships in politics” who knows.