Press Mention

New York Awaits Federal Aid to Fill Budget Hole

Wall Street Journal

January 19, 2021

Andrew Rein, president of the Citizens Budget Commission, a nonpartisan watchdog, said these actions wouldn't necessarily become recurring savings. Mr. Rein estimates the coming fiscal year's deficit will be around $10 billion. He started by adding this year's $8 billion placeholder and the official $8.7 billion projection deficit projection for next year, and then worked down.

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