State announces $200M in budget cuts to close gap caused by COVID-19
Office of Policy and Management Secretary Melissa McCaw says the impact of the pandemic on the state and its economy has been unprecedented.
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Oct 2, 2020, 12:14 AM
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Updated 1,477 days ago
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State officials announced $200 million in budget cuts to
close the coronavirus shortfall.
Office of Policy and Management Secretary Melissa McCaw
says the impact of the pandemic on the state and its economy has been
unprecedented.
Cuts are being made across the board to executive agencies.
Starting Friday, there's a hiring freeze, except for
critical hires, which would save $30 million.
The state's 10% corporation tax surcharge will remain
through fiscal year 2021 and ending the capital base tax has been delayed.
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