Mayor to Axe $1B from Budget, Cut 23K Jobs, Hike Taxes

Channel 2 reporting Mayor Bloomberg will announce $1 billion in budget cuts on Friday.

* 23,000 jobs (7% of city workforce) eliminated through layoffs and attrition, including cops and firefighters
* Sales tax up to 8.75%
* New plastic bag tax
* Higher fees for city services
* City employees will begin paying part of their health insurance costs

http://wcbstv.com/breakingnewsalerts/ny ... 21808.html

This third-term thing is becoming less and less appealing to me.