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New York, the authority is projecting a budget shortfall of close to $1 billion next year.
While the London boroughs will have £576m in capital funding available to build new schools between now and 2015, "the problem in London is so acute that London boroughs still face a funding shortfall of close to £1.04 billion to ensure that every pupil in London has a permanent school place up to 2015-16," the report notes.
The government has promised to recruit around 2,500 more federal police, who pursue major crimes, to make up for a shortfall of close to a fifth of the full-strength force of 12,500.
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It would not completely close the shortfall of the trust funds, but it would put Social Security and Medicare on a stronger financial footing, while reaffirming their universal nature and reflecting the fortunate fact that Americans are living longer.
That was largely the message Mr. Cuomo sent in the meetings with rank-and-file lawmakers, warning them of the misery to be caused by the cuts in his budget, which aims to close a shortfall of more than $9 billion.
They are rallying behind Mr. Cuomo's pledge to close a shortfall of more than $9 billion by reducing the state work force by up to 15,000 employees and drastically reducing spending in areas like Medicaid and education.
London Midland said it would be bringing in new timetables and staff rotas from Sunday, which would "close the shortfall of drivers".
Before any major construction could begin, Caltrans and Metro need to close a shortfall of at least $5 billion.
The cuts, intended to help close a budget shortfall of at least $17 billion through mid-2005, would end art therapy for the developmentally disabled, scale back food stamp eligibility, reduce fees to doctors who treat Medi-Cal patients and eliminate recruitment programs at public universities.
If Indian Point 3 also closes a shortfall of some 750 megawatts could develop in the ensuing decade unless it is made up with any combination of new generation, improved transmission, and electricity conservation.
He said his proposal could raise $500 million to $750 million, which would help close a budget shortfall of $1.2 billion as of January.
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