Governor Andrew Cuomo has confirmed that he's planning big state worker layoffs. The NY Times' sources had suggested there would be 15,000 layoffs, Wall Street Journal put the number at over 10,000, but Andy's not talking. All he said today was, "The chickens are coming home to roost. So the state is in really dire financial shape, and we’re going to have to make corrections. We shouldn’t have been doing this for years, by the way — we’ve been spending too much money for years."

He added, "There is going to be no doubt a period of short-term pain as we make these adjustments,. When you talk about layoffs, you have to remember, that every time you talk about a layoff you’re talking about a family, you’re talking about a person’s job, you’re talking about a person’s life, so this is a very difficult situation all around."