"A government big enough to give you everything you want, is big enough to take away everything you have"
Thomas Jefferson

Monday, August 11, 2008

Paterson's Cafeteria Axe

Governor David Paterson has produced a list of cuts and asking legislators to pick their poison cafeteria style. 

$506 million in Medicaid 
(This will have SEIU and hospitals howling)

$250 million aid to local governments, 6% which is $250 million this year and $420 next year.
(This will have local governments threatening property tax increases, while they should be looking for cuts themselves)

$232 million reduction in pork, which is a 50% reduction in member item money and a postponing of legislative programs.
(This will have good government folks cheering, while special pet project recipient crying)

$50 million from CUNY

Together these total over $1 billion in potential cuts, which Paterson wants the end result in cuts to come in around $600 million.

These cuts are in addition to his agency cuts of 7% that were already ordered, which is expected to produce $630 million in savings.

To read more detail of the cuts click here

1 comment:

Jacob said...

This is nothing. If Paterson were serious he'd cut $25 billion off the top just to start with.

Live Blogging