The watchword is lower sppending. Proposed budget cuts will be announced shortly. Until then, everybody in Albany should swear off buckpassing and bite the budget bullet.
Public Works: Public Works Commissioner Jeff Mantes is proposing cuts in brush collection, tree pruning and city building maintenance, eliminating 10 jobs.
The United States Federal Reserve has announced a farther reduction in its policy of quantitative easing, or buying financial assets with newly created money.
Business owners and CEOs may curtail future investment and consumer spending, the biggest driver of U.S. economic activity, probably won't bounce back immediately either.
They want countries to commit to steep cuts in green house gas emissions over the next 15 years and binding targets for how much energy comes from renewable resources.
It included a 20 percent increase in teacher pay over the next three years and additional funding to make up for some of the cuts to education that took place back in a recession.