December 31, 2009 New York State Has First Deficit in General Fund By NICHOLAS CONFESSORE ALBANY — New York is about to achieve a dubious milestone: For the first time in history, the state’s main bank account is poised to end the year in the red. After months of plunging revenues and weeks of budget battles, New York had a negative balance of $174 million in its general fund on Wednesday, with nearly $1 billion in bills owed by day’s end.

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  • Suffolk Legislature passes County Executive Romaine's $4B budget, increasing taxes
    The Suffolk County Legislature unanimously passed County Executive Edward P. Romaine’s $4 billion 2025 budget Wednesday, including a tax increase for most homeowners.
    11/7/2024 - 6:36 am | View Link
  • Kelly Evans: A vibe shift on rates and the deficit?
    One of the biggest breakouts this week on the GOP’s election win has been the sharp increase in long-term Treasury yields. A Republican Congress will give the green light for Trump’s deficit-boosting ...
    11/7/2024 - 3:34 am | View Link
  • Nuvance, Northwell petition state to approve hospital merger
    At a public hearing, executives, physicians and residents expressed hope that merging would bolster Nuvance Health’s struggling CT hospitals.
    11/6/2024 - 10:47 am | View Link
  • Democrats retain hold on New Mexico despite shifting support for Republicans
    Democrats may have retained their hold on New Mexico with wins in every congressional race and the presidential contest, but shrinking margins of victory show voter support is shifting toward ...
    11/6/2024 - 9:53 am | View Link
  • Kelly Ayotte, a Republican, Is Elected Governor of New Hampshire
    Ms. Ayotte entered the race with greater name recognition than the Democrat, Joyce Craig, and was seen as a natural successor to Gov. Chris Sununu, a moderate Republican.
    11/5/2024 - 2:37 pm | View Link
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