Cuomo hands out pink slips, pay & budget cuts to start off the year

Incoming New York Governor Andrew M. Cuomo will be giving himself a pay cut as one of first actions in office. The current salary for the Governor is $179,000 and has not changed since 1999. With the pay cut, Governor Cuomo’s salary will drop to just above $170,000. Cuomo has said that he will return the difference back to the state.

The pay cuts don’t stop there. All newly hired senior members of the Administration and Lt. Governor Robert J. Duffy are also taking a 5% cut and returning that money back to the state. Offices effected include the Governor’s Secretary, Counsel, Director of State Operations, Counselor and the Chief of Staff.

The overall budget for the Executive Chamber will also be reduced by 5% and a review is underway to determine where additional cuts can be made. The cuts come on the heels of an earlier announcement from the Governor that state workers will be looking at a one year freeze on their pay in addition to the layoffs of more than 900 state workers that happened at the end of last year. Unions are also expected to come under increased scrutiny as the new Governor looks for ways to manage the state’s ever increasing budget crisis. Cuomo is faced with closing a $9.2 billion deficit in the 2011-12 fiscal year.

“Change starts at the top and we will lead by example,” Governor Cuomo said. “Families and business owners in every corner of the state have learned to do more with less in order to live within their means and government must do the same.”

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