Empire Center for
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Manhattan Institute
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December 29, 2009

“Barely scraping by”

E.J. McMahon

New York is running out of cash, Comptroller Thomas DiNapoli reported today.  The situation would be worse if Governor Paterson had not ordered delays in portions of some local aid payments, prompting the New York State United Teachers union to file a lawsuit against him.

But don’t worry–these guys will soon be bailing us out.

Or maybe not.

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