NY state cuts revenue estimate by $850 million
New York Governor David Paterson and the state legislature have agreed to reduce their revenue forecast by $850 million for the next 13 months, a state report said on Tuesday.
Indiana puts 17th notch in revenue shortfall belt
The latest revenue report on Tuesday showed the state took in $85.5 million less in taxes in February than was predicted less than three months ago.
15,000 S.F. workers face layoffs, shorter weeks
More than 15,000 San Francisco city workers across all departments will receive layoff notices Friday, and most of them will have the option of being rehired to work a shorter week, Mayor Gavin Newsom said Tuesday.
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