BusinessWeek Logo
New York

Getty Images

New York


Budget gap (as a % of the total budget): 9.8%
Gap: $5.5 billion

New York, which had a $4.9 billion budget gap, faced an additional $630 million shortfall after the budget was enacted. The state made cuts to the health insurance program for low-income families, froze hiring, and enacted tax and fee increases.


Magazine

Current Issue

BusinessWeek Cover