Comment on Atlantic City's emergency management team recommends $10 million in cuts, hundreds of layoffs

Atlantic City's emergency management team recommends $10 million in cuts, hundreds of layoffs

Warning of a liquidity crisis through 2015 and a revenue decline "a lot more severe" than they had anticipated, Atlantic City's emergency managers on Tuesday recommended $10 million in budget cuts, hundreds of layoffs, and mediators to negotiate with casinos and unions.

 

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