Yawning Deficits Put Public Sector Workers in the Crosshairs

Source: Paul Abowd, Mark Brenner, Labor Notes, July 22, 2010

The stock market may be climbing, but city and state budgets across the country are stuck in a downward spiral.

From California to Maine, double-digit deficits have left civil servants with a giant bull’s-eye on their backs, as politicians across the spectrum have pushed furloughs, layoffs, wage cuts, and farther-reaching measures like pension modifications as the main way to close yawning budget gaps.

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