Wyoming governor: $250M in initial state cuts, more coming

Wyoming has finalized initial state spending cuts of 10%, or $250 million, as part of efforts to address an over $1 billion budget shortfall due to the coronavirus and downturns in the coal, oil and natural gas industries. The cuts follow a freeze in state hiring and large contracts announced in April. They are still “just the tip of the iceberg,” Governor Gordon said. They will be followed by a second round of cuts totaling another $250 million.