New York City school aid sliced by millions as lawmakers finalize on-time state budget

The $132.5 billion budget cuts overall state spending for the first time in 15 years - and closes a $10 billion deficit without borrowing or new, broad-based taxes.

Source: http://www.nydailynews.com/ny_local/2011/03/30/2011-03-30_pols_pass_state_budget_schools_to_lose_bigtime.html

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