Sunday, November 29, 2009

NY State almost out of cash

From the NY Times:
New York State is running out of cash.
Without a budget deal, New York will be left with just $36 million in the bank by the end of December, according to current projections. And the money will last that long, officials say, only if the state chooses to fully exhaust its emergency reserves by tapping several billion dollars’ worth of temporary loans from its rainy-day fund and short-term investments.
For weeks, Gov. David A. Paterson has invoked theSource: Queens Crap RSS Feed

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